CEDAR LODGE, HIGH HORSE CLOSE WOOD, ROWLANDS GILL, NE39 1BQ - £580,000

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

CEDAR LODGE is a very large extended detached house of 268m², built sometime between 1983 and 1990. It was last sold for £580,000 in May 2017, which was around 155% above the average May 2017 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was C.

CEDAR LODGE Sold Prices

Land registry data shows two sales for CEDAR LODGE 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 CEDAR LODGE 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 12 MAY	£580,000	£227,433	155% above HPI
2006 1 SEP	£470,000	£216,117	117% above HPI

CEDAR LODGE 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 CEDAR LODGE sales from September 2006 and May 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 September 2006 sale was for 117% above the HPI. So the extrapolation line tracks at 117% above the HPI over time, until the May 2017 sale, where it rises to 155% above the HPI. The line then continues to track at 155% above the HPI.

How Large is CEDAR LODGE?

CEDAR LODGE is 268m², which includes three extensions, according to the EPC inspection conducted in March 2024. This puts it in the largest 10% of detached houses in Rowlands Gill, based on EPC data. The below chart shows the distribution of detached houses by size in Rowlands Gill, and where CEDAR LODGE lies on this distribution: 96% of detached houses are smaller than CEDAR LODGE, and 4% of houses are larger. Note that EPC data is not available for all properties in Rowlands Gill.

CEDAR LODGE: Plot and Title Map

CEDAR LODGE sits on a plot of roughly 0.405 of an acre, or 1,641m². The below map shows the location of CEDAR LODGE, 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 CEDAR LODGE). 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 CEDAR LODGE?

CEDAR LODGE is located on HIGH HORSE CLOSE WOOD in ROWLANDS GILL, in the NE39 postcode district. The below map shows the position of CEDAR LODGE on HIGH HORSE CLOSE WOOD.