9, TYNEWOLD CLOSE, GATESHEAD, NE8 2PX - £187,000

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 TYNEWOLD CLOSE is a very small extended detached house of 81m², built sometime between 2003 and 2006. It was last sold for £187,000 in March 2022, which was around 26% below the average March 2022 detached price in the Gateshead local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

9 TYNEWOLD CLOSE Sold Prices

Land registry data shows three sales for 9 TYNEWOLD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the three 9 TYNEWOLD CLOSE 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
2022 22 MAR	£187,000	£253,334	26% below HPI
2006 8 SEP	£168,000	£216,117	22% below HPI
2005 25 FEB	£129,995	£193,044	33% below HPI

9 TYNEWOLD 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 three 9 TYNEWOLD CLOSE sales between February 2005 and March 2022 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 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2022 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 9 TYNEWOLD CLOSE?

9 TYNEWOLD CLOSE is 81m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 20% 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 TYNEWOLD CLOSE lies on this distribution: 18% of detached houses are smaller than 9 TYNEWOLD CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

9 TYNEWOLD CLOSE: Plot and Title Map

9 TYNEWOLD CLOSE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 9 TYNEWOLD 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 TYNEWOLD 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 TYNEWOLD CLOSE?

9 TYNEWOLD CLOSE is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 9 on TYNEWOLD CLOSE.