98, OAKWOOD, GATESHEAD, NE10 8LW - £87,550

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

98 OAKWOOD is a very small semi-detached house of 71m², built sometime between 1976 and 1982. It was last sold for £87,550 in April 2011, which was around 57% below the average April 2011 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

98 OAKWOOD Sold Prices

Land registry data shows two sales for 98 OAKWOOD 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 98 OAKWOOD 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
2011 21 APR	£87,550	£201,999	57% below HPI
2004 17 SEP	£110,000	£196,072	44% below HPI

98 OAKWOOD 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 98 OAKWOOD sales from September 2004 and April 2011 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 2004 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the April 2011 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 98 OAKWOOD?

98 OAKWOOD is 71m² according to the EPC inspection conducted in August 2023. 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 98 OAKWOOD lies on this distribution: 8% of detached houses are smaller than 98 OAKWOOD, and 91% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

98 OAKWOOD: Plot and Title Map

98 OAKWOOD sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 98 OAKWOOD, 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 98 OAKWOOD). 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 98 OAKWOOD?

98 OAKWOOD is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 98 on OAKWOOD.