81, MERESYDE, GATESHEAD, NE10 8UN - £103,000

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

81 MERESYDE is a small semi-detached house of 94m², built sometime between 1950 and 1966. It was last sold for £103,000 in December 2015, which was around 53% below the average December 2015 detached price in the Gateshead local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

81 MERESYDE Sold Prices

Land registry data shows two sales for 81 MERESYDE 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. Both of the two 81 MERESYDE sales were 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
2015 4 DEC	£103,000	£217,359	53% below HPI
2007 11 MAY	£95,000	£219,537	57% below HPI

81 MERESYDE 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 81 MERESYDE sales from May 2007 and December 2015 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 May 2007 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the December 2015 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 81 MERESYDE?

81 MERESYDE is 94m² according to the EPC inspection conducted in April 2015. 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 81 MERESYDE lies on this distribution: 35% of detached houses are smaller than 81 MERESYDE, and 64% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

81 MERESYDE: Plot and Title Map

81 MERESYDE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 81 MERESYDE, 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 81 MERESYDE). 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 81 MERESYDE?

81 MERESYDE is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 81 on MERESYDE.