8, PARKLANDS, GATESHEAD, NE10 8YP - £203,000

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 PARKLANDS is a very large detached house of 143m², built sometime between 1991 and 1995. It was last sold for £203,000 in June 2010, which was around 2% above the average June 2010 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

8 PARKLANDS Sold Prices

Land registry data shows two sales for 8 PARKLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. One of the two 8 PARKLANDS sales was for above the average price, whilst the other was for below 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 17 JUN	£203,000	£199,487	2% above HPI
1998 13 NOV	£75,000	£79,723	6% below HPI

8 PARKLANDS 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 two 8 PARKLANDS sales from November 1998 and June 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 November 1998 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2010 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 8 PARKLANDS?

8 PARKLANDS is 143m² according to the EPC inspection conducted in July 2014. This puts it in the largest 20% 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 PARKLANDS lies on this distribution: 82% of detached houses are smaller than 8 PARKLANDS, and 17% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

8 PARKLANDS: Plot and Title Map

8 PARKLANDS sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 8 PARKLANDS, 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 PARKLANDS). 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 PARKLANDS?

8 PARKLANDS is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 8 on PARKLANDS.