8, SHERBURN GREEN, ROWLANDS GILL, NE39 1QS - £242,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 SHERBURN GREEN is a very small extended semi-detached house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £273,128. It was last sold for £242,000 in February 2022, which was around 58% above the average February 2022 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

8 SHERBURN GREEN Sold Prices

Land registry data shows four sales for 8 SHERBURN GREEN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. All of the four 8 SHERBURN GREEN 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
2022 3 FEB	£242,000	£152,913	58% above HPI
2017 30 NOV	£148,000	£138,687	7% above HPI
2015 10 NOV	£154,000	£130,968	18% above HPI
2000 6 OCT	£63,500	£50,648	25% above HPI

8 SHERBURN GREEN Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gateshead local authority area over time, sourced from the HPI. The four 8 SHERBURN GREEN sales between October 2000 and February 2022 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 2017 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2022 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might 8 SHERBURN GREEN be worth now?

8 SHERBURN GREEN might now be worth an estimated £273,128.

This is based on house price inflation of 12.9%, between February 2022 and February 2025, for semi-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 12.9% inflationary increase is applied to the most recent sale price for 8 SHERBURN GREEN of £242,000 on 3rd February 2022. For the value to have increased from £242,000 to £273,128 over the three years to February 2025, the following assumptions must hold true:

• The value of 8 SHERBURN GREEN has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The February 2022 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SHERBURN GREEN has not materially changed since February 2022.

How Large is 8 SHERBURN GREEN?

8 SHERBURN GREEN is 66m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of semi-detached houses houses in Rowlands Gill, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rowlands Gill, and where 8 SHERBURN GREEN lies on this distribution: 4% of semi-detached houses houses are smaller than 8 SHERBURN GREEN, and 96% of houses are larger. Note that EPC data is not available for all properties in Rowlands Gill.

8 SHERBURN GREEN: Plot and Title Map

8 SHERBURN GREEN sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 8 SHERBURN GREEN, 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 SHERBURN GREEN). 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 SHERBURN GREEN?

8 SHERBURN GREEN is located in ROWLANDS GILL, in the NE39 postcode district. The below map shows the position of No. 8 on SHERBURN GREEN.