BURN VIEW, STIRLING LANE, ROWLANDS GILL, NE39 1PR - £340,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

BURN VIEW is a large extended detached house of 150m², built sometime between 1900 and 1929, which could now be worth an estimated £466,061. It was last sold for £340,000 in February 2014, which was around 66% above the average February 2014 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2010, where the current energy rating was E, and the potential energy rating was D.

BURN VIEW Sold Prices

Land registry data shows two sales for BURN VIEW 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 BURN VIEW 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
2014 28 FEB	£340,000	£204,999	66% above HPI
1998 26 JUN	£105,000	£77,515	35% above HPI

BURN VIEW 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 BURN VIEW sales from June 1998 and February 2014 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 June 1998 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the February 2014 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might BURN VIEW be worth now?

BURN VIEW might now be worth an estimated £466,061.

This is based on house price inflation of 37.1%, between February 2014 and February 2025, for detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.1% inflationary increase is applied to the most recent sale price for BURN VIEW of £340,000 on 28th February 2014. For the value to have increased from £340,000 to £466,061 over the eleven years to February 2025, the following assumptions must hold true:

• The value of BURN VIEW has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The February 2014 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of BURN VIEW has not materially changed since February 2014.

How Large is BURN VIEW?

BURN VIEW is 150m², which includes two extensions, according to the EPC inspection conducted in August 2010. This puts it in the largest 40% of detached houses houses in Rowlands Gill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rowlands Gill, and where BURN VIEW lies on this distribution: 62% of detached houses houses are smaller than BURN VIEW, and 38% of houses are larger. Note that EPC data is not available for all properties in Rowlands Gill.

BURN VIEW: Plot and Title Map

BURN VIEW sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of BURN VIEW, 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 BURN VIEW). 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 BURN VIEW?

BURN VIEW is located on STIRLING LANE in ROWLANDS GILL, in the NE39 postcode district. The below map shows the position of BURN VIEW on STIRLING LANE.