8, MULBERRY PARK, LOW FELL, GATESHEAD, NE9 5RZ - £410,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 MULBERRY PARK is a very large extended detached house of 160m², built sometime between 1996 and 2002, which could now be worth an estimated £547,725. It was last sold for £410,000 in October 2014, which was around 91% above the average October 2014 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was C.

8 MULBERRY PARK Sold Prices

Land registry data shows three sales for 8 MULBERRY PARK since 1^st 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. All of the three 8 MULBERRY PARK sales 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
2014 24 OCT	£410,000	£214,179	91% above HPI
2003 14 NOV	£325,000	£160,757	102% above HPI
2002 23 JAN	£245,000	£97,916	150% above HPI

8 MULBERRY PARK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The three 8 MULBERRY PARK sales between January 2002 and October 2014 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 November 2003 sale was for 102% above the HPI. So the extrapolation line tracks at 102% above the HPI over time, until the October 2014 sale, where it falls to 91% above the HPI. The line then continues to track at 91% above the HPI.

What might 8 MULBERRY PARK be worth now?

8 MULBERRY PARK might now be worth an estimated £547,725.

This is based on house price inflation of 33.6%, between October 2014 and December 2024, for detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.6% inflationary increase is applied to the most recent sale price for 8 MULBERRY PARK of £410,000 on 24th October 2014. For the value to have increased from £410,000 to £547,725 over the nine years and ten months to December 2024, the following assumptions must hold true:

• The value of 8 MULBERRY PARK has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The October 2014 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MULBERRY PARK has not materially changed since October 2014.

How Large is 8 MULBERRY PARK?

8 MULBERRY PARK is 160m², which includes three extensions, according to the EPC inspection conducted in October 2012. This puts it in the largest 20% of detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gateshead, and where 8 MULBERRY PARK lies on this distribution: 88% of detached houses houses are smaller than 8 MULBERRY PARK, and 12% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

8 MULBERRY PARK: Plot and Title Map

8 MULBERRY PARK sits on a plot of roughly 0.164 of an acre, or 665m². The below map shows the location of 8 MULBERRY PARK, 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 MULBERRY PARK). 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.

Where is 8 MULBERRY PARK?

8 MULBERRY PARK is located in LOW FELL, in the NE9 postcode district. The below map shows the position of No. 8 on MULBERRY PARK.