8, WOODMANS WAY, WHICKHAM, NEWCASTLE UPON TYNE, NE16 5TR - £435,000

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 WOODMANS WAY is a large detached house of 150m², built sometime between 1976 and 1982. It was last sold for £435,000 in August 2019, which was around 83% above the average August 2019 detached price in the Gateshead local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

8 WOODMANS WAY Sold Prices

Land registry data shows four sales for 8 WOODMANS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the four 8 WOODMANS WAY 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
2019 28 AUG	£435,000	£237,717	83% above HPI
2001 8 JUN	£197,000	£94,253	109% above HPI
1997 1 JUL	£160,000	£76,937	108% above HPI
1996 31 JUL	£155,000	£71,012	118% above HPI

8 WOODMANS WAY 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 four 8 WOODMANS WAY sales between July 1996 and August 2019 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 2001 sale was for 109% above the HPI. So the extrapolation line tracks at 109% above the HPI over time, until the August 2019 sale, where it falls to 83% above the HPI. The line then continues to track at 83% above the HPI.

How Large is 8 WOODMANS WAY?

8 WOODMANS WAY is 150m² according to the EPC inspection conducted in February 2019. This puts it in the largest 30% of detached houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses by size in Whickham, and where 8 WOODMANS WAY lies on this distribution: 76% of detached houses are smaller than 8 WOODMANS WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Whickham.

8 WOODMANS WAY: Plot and Title Map

8 WOODMANS WAY sits on a plot of roughly 1.5 acres, or 5,951m². The below map shows the location of 8 WOODMANS WAY, 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 WOODMANS WAY). 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 WOODMANS WAY?

8 WOODMANS WAY is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 8 on WOODMANS WAY.