93, REDGRAVE CLOSE, GATESHEAD, NE8 3JD - £263,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

93 REDGRAVE CLOSE is a very large detached house of 173m², built sometime between 1996 and 2002. It was last sold for £263,000 in June 2016, which was around 17% above the average June 2016 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

93 REDGRAVE CLOSE Sold Prices

Land registry data shows two sales for 93 REDGRAVE 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. Both of the two 93 REDGRAVE CLOSE sales were 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
2016 8 JUN	£263,000	£224,903	17% above HPI
2002 1 NOV	£154,950	£120,788	28% above HPI

93 REDGRAVE 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 93 REDGRAVE CLOSE sales from November 2002 and June 2016 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 2002 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the June 2016 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 93 REDGRAVE CLOSE?

93 REDGRAVE CLOSE is 173m² according to the EPC inspection conducted in July 2015. This puts it in the largest 10% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 93 REDGRAVE CLOSE lies on this distribution: 91% of detached houses are smaller than 93 REDGRAVE CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

93 REDGRAVE CLOSE: Plot and Title Map

93 REDGRAVE CLOSE sits on a plot of roughly 0.203 of an acre, or 821m². The below map shows the location of 93 REDGRAVE 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 93 REDGRAVE 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 93 REDGRAVE CLOSE?

93 REDGRAVE CLOSE is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 93 on REDGRAVE CLOSE.