9, ELMWOOD GARDENS, GATESHEAD, NE11 0BX - £167,500

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 ELMWOOD GARDENS is a very small extended semi-detached house of 66m², built sometime between 1930 and 1949, which could now be worth an estimated £211,862. It was last sold for £167,500 in April 2020, which was around 21% above the average April 2020 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

9 ELMWOOD GARDENS Sold Prices

Land registry data shows two sales for 9 ELMWOOD GARDENS 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. One of the two 9 ELMWOOD GARDENS sales was for above the average price, whilst the other was 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
2020 9 APR	£167,500	£138,783	21% above HPI
2018 6 NOV	£140,000	£144,220	3% below HPI

9 ELMWOOD GARDENS 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 9 ELMWOOD GARDENS sales from November 2018 and April 2020 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 2018 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2020 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 9 ELMWOOD GARDENS be worth now?

9 ELMWOOD GARDENS might now be worth an estimated £211,862.

This is based on house price inflation of 26.5%, between April 2020 and March 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 26.5% inflationary increase is applied to the most recent sale price for 9 ELMWOOD GARDENS of £167,500 on 9th April 2020. For the value to have increased from £167,500 to £211,862 over the five years and one month to March 2025, the following assumptions must hold true:

• The value of 9 ELMWOOD GARDENS has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The April 2020 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 9 ELMWOOD GARDENS has not materially changed since April 2020.

How Large is 9 ELMWOOD GARDENS?

9 ELMWOOD GARDENS is 66m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of semi-detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gateshead, and where 9 ELMWOOD GARDENS lies on this distribution: 6% of semi-detached houses houses are smaller than 9 ELMWOOD GARDENS, and 94% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

9 ELMWOOD GARDENS: Plot and Title Map

9 ELMWOOD GARDENS sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 9 ELMWOOD GARDENS, 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 ELMWOOD GARDENS). 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 ELMWOOD GARDENS?

9 ELMWOOD GARDENS is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 9 on ELMWOOD GARDENS.