ALUMBAGH, BRACKENDENE DRIVE, GATESHEAD, NE9 6DP - £418,000

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

ALUMBAGH is a very large extended detached house of 165m², built sometime between 1950 and 1966. It was last sold for £418,000 in September 2017, which was around 84% above the average September 2017 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

ALUMBAGH Sold Prices

Land registry data shows two sales for ALUMBAGH 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 ALUMBAGH 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
2017 14 SEP	£418,000	£226,985	84% above HPI
2015 29 OCT	£350,000	£217,798	61% above HPI

ALUMBAGH 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 ALUMBAGH sales from October 2015 and September 2017 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 2015 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the September 2017 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.

How Large is ALUMBAGH?

ALUMBAGH is 165m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 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 ALUMBAGH lies on this distribution: 89% of detached houses are smaller than ALUMBAGH, and 11% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

ALUMBAGH: Plot and Title Map

ALUMBAGH sits on a plot of roughly 0.458 of an acre, or 1,852m². The below map shows the location of ALUMBAGH, 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 ALUMBAGH). 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 ALUMBAGH?

ALUMBAGH is located on BRACKENDENE DRIVE in GATESHEAD, in the NE9 postcode district. The below map shows the position of ALUMBAGH on BRACKENDENE DRIVE.