89, THE DRIVE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 4RP - £111,500

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

89 THE DRIVE is a small extended semi-detached house of 89m², built sometime between 1930 and 1949, which could now be worth an estimated £162,530. It was last sold for £111,500 in June 2012, which was around 6% below the average June 2012 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was D.

89 THE DRIVE Sold Prices

Land registry data shows two sales for 89 THE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 89 THE DRIVE 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
2012 1 JUN	£111,500	£118,396	6% below HPI
2003 5 DEC	£86,000	£99,079	13% below HPI

89 THE DRIVE 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 two 89 THE DRIVE sales from December 2003 and June 2012 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 December 2003 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2012 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 89 THE DRIVE be worth now?

89 THE DRIVE might now be worth an estimated £162,530.

This is based on house price inflation of 45.8%, between June 2012 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 45.8% inflationary increase is applied to the most recent sale price for 89 THE DRIVE of £111,500 on 1st June 2012. For the value to have increased from £111,500 to £162,530 over the thirteen years and four months to February 2025, the following assumptions must hold true:

• The value of 89 THE DRIVE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The June 2012 sale price of £111,500 represented a fair market value for the property.
• The size, condition, and specification of 89 THE DRIVE has not materially changed since June 2012.

How Large is 89 THE DRIVE?

89 THE DRIVE is 89m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the smallest 30% of semi-detached houses houses in Whickham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Whickham, and where 89 THE DRIVE lies on this distribution: 23% of semi-detached houses houses are smaller than 89 THE DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Whickham.

89 THE DRIVE: Plot and Title Map

89 THE DRIVE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 89 THE DRIVE, 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 89 THE DRIVE). 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 89 THE DRIVE?

89 THE DRIVE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 89 on THE DRIVE.