BRAESIDE, DUNSTON BANK, GATESHEAD, NE11 9QA - £255,000

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

BRAESIDE is a large detached house of 116m², built sometime between 1930 and 1949. It was last sold for £255,000 in July 2015, which was around 22% above the average July 2015 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

BRAESIDE Sold Prices

Land registry data shows two sales for BRAESIDE 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 BRAESIDE 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
2015 17 JUL	£255,000	£208,273	22% above HPI
2011 14 JAN	£250,000	£205,963	21% above HPI

BRAESIDE 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 BRAESIDE sales from January 2011 and July 2015 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 January 2011 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the July 2015 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is BRAESIDE?

BRAESIDE is 116m² according to the EPC inspection conducted in March 2010. This puts it in the largest 40% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where BRAESIDE lies on this distribution: 65% of detached houses are smaller than BRAESIDE, and 35% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

BRAESIDE: Plot and Title Map

BRAESIDE sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of BRAESIDE, 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 BRAESIDE). 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 BRAESIDE?

BRAESIDE is located on DUNSTON BANK in GATESHEAD, in the NE11 postcode district. The below map shows the position of BRAESIDE on DUNSTON BANK.