Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
8 MEADOW RISE is a small extended detached house of 92m², built sometime between 1996 and 2002. It was last sold for £197,500 in August 2010, which was around 4% below the average August 2010 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 8 MEADOW RISE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. One of the three 8 MEADOW RISE sales was for below the average price, whilst two were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2010 10 AUG | £197,500 | £204,809 | 4% below HPI |
2004 7 JUN | £190,000 | £183,815 | 3% above HPI |
2000 30 JUN | £92,950 | £84,679 | 10% above HPI |
The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The three 8 MEADOW RISE sales between June 2000 and August 2010 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2004 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2010 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.
8 MEADOW RISE is 92m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 40% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 8 MEADOW RISE lies on this distribution: 33% of detached houses are smaller than 8 MEADOW RISE, and 66% of houses are larger. Note that EPC data is not available for all properties in Gateshead.
8 MEADOW RISE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 8 MEADOW RISE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 MEADOW RISE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
8 MEADOW RISE is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 8 on MEADOW RISE.