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 WESTFIELD is a very small detached house of 62m², built sometime between 1967 and 1975. It was last sold for £156,000 in November 2020, which was around 38% below the average November 2020 detached price in the Gateshead local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 93 WESTFIELD since 1st 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 WESTFIELD 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 |
---|---|---|---|
2020 20 NOV | £156,000 | £251,569 | 38% below HPI |
1996 4 OCT | £59,500 | £75,297 | 21% below HPI |
The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 93 WESTFIELD sales from October 1996 and November 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 October 1996 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2020 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.
93 WESTFIELD is 62m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 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 WESTFIELD lies on this distribution: 4% of detached houses are smaller than 93 WESTFIELD, and 96% of houses are larger. Note that EPC data is not available for all properties in Gateshead.
93 WESTFIELD sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 93 WESTFIELD, 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 WESTFIELD). 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.
93 WESTFIELD is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 93 on WESTFIELD.