9, BURNWOOD CLOSE, CHOPWELL, NEWCASTLE UPON TYNE, NE17 7QF - £207,500

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.

9 BURNWOOD CLOSE is a very large detached house of 138m², built sometime between 2003 and 2006, which could now be worth an estimated £257,930. It was last sold for £207,500 in August 2017, which was around 8% below the average August 2017 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

9 BURNWOOD CLOSE Sold Prices

Land registry data shows two sales for 9 BURNWOOD CLOSE 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 9 BURNWOOD CLOSE sales was for below the average price, whilst the other was 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
2017 10 AUG	£207,500	£226,064	8% below HPI
2011 15 JUL	£203,000	£196,762	3% above HPI

9 BURNWOOD CLOSE 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 9 BURNWOOD CLOSE sales from July 2011 and August 2017 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 July 2011 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2017 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 9 BURNWOOD CLOSE be worth now?

9 BURNWOOD CLOSE might now be worth an estimated £257,930.

This is based on house price inflation of 24.3%, between August 2017 and February 2025, for 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 24.3% inflationary increase is applied to the most recent sale price for 9 BURNWOOD CLOSE of £207,500 on 10th August 2017. For the value to have increased from £207,500 to £257,930 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 9 BURNWOOD CLOSE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The August 2017 sale price of £207,500 represented a fair market value for the property.
• The size, condition, and specification of 9 BURNWOOD CLOSE has not materially changed since August 2017.

How Large is 9 BURNWOOD CLOSE?

9 BURNWOOD CLOSE is 138m² according to the EPC inspection conducted in July 2010. This puts it in the largest 20% of detached houses houses in Chopwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chopwell, and where 9 BURNWOOD CLOSE lies on this distribution: 85% of detached houses houses are smaller than 9 BURNWOOD CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Chopwell.

9 BURNWOOD CLOSE: Plot and Title Map

9 BURNWOOD CLOSE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 9 BURNWOOD CLOSE, 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 9 BURNWOOD CLOSE). 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 9 BURNWOOD CLOSE?

9 BURNWOOD CLOSE is located in CHOPWELL, in the NE17 postcode district. The below map shows the position of No. 9 on BURNWOOD CLOSE.