9, HEDGE CLOSE, GATESHEAD, NE11 9UG - £165,000

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

9 HEDGE CLOSE is a small extended detached house of 87m², built sometime between 1996 and 2002. It was last sold for £165,000 in January 2015, which was around 21% below the average January 2015 detached price in the Gateshead local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

9 HEDGE CLOSE Sold Prices

Land registry data shows four sales for 9 HEDGE CLOSE 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. Two of the four 9 HEDGE CLOSE sales were for below the average price, whilst one 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
2015 9 JAN	£165,000	£209,870	21% below HPI
2005 30 SEP	£190,000	£208,655	9% below HPI
2003 6 JUN	£149,000	£142,326	5% above HPI
1997 25 APR	£75,950	£76,243	Close to HPI

9 HEDGE 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 four 9 HEDGE CLOSE sales between April 1997 and January 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 September 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2015 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 9 HEDGE CLOSE?

9 HEDGE CLOSE is 87m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 9 HEDGE CLOSE lies on this distribution: 26% of detached houses are smaller than 9 HEDGE CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

9 HEDGE CLOSE: Plot and Title Map

9 HEDGE CLOSE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 9 HEDGE 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 HEDGE 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 HEDGE CLOSE?

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