CHESTERS COTTAGE, CHESTERS PARK, GATESHEAD, NE9 5YW - £300,000

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

CHESTERS COTTAGE is a small extended detached house of 85m², built sometime between 1967 and 1975. It was last sold for £300,000 in June 2021, which was around 21% above the average June 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was January 2021, where the current energy rating was E, and the potential energy rating was B.

CHESTERS COTTAGE Sold Prices

Land registry data shows two sales for CHESTERS COTTAGE 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. One of the two CHESTERS COTTAGE sales was for above the average price, whilst the other was 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
2021 11 JUN	£300,000	£247,961	21% above HPI
1995 22 FEB	£59,000	£76,183	23% below HPI

CHESTERS COTTAGE 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 CHESTERS COTTAGE sales from February 1995 and June 2021 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 February 1995 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2021 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is CHESTERS COTTAGE?

CHESTERS COTTAGE is 85m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 30% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where CHESTERS COTTAGE lies on this distribution: 23% of detached houses are smaller than CHESTERS COTTAGE, and 76% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

CHESTERS COTTAGE: Plot and Title Map

CHESTERS COTTAGE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of CHESTERS COTTAGE, 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 CHESTERS COTTAGE). 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 CHESTERS COTTAGE?

CHESTERS COTTAGE is located on CHESTERS PARK in GATESHEAD, in the NE9 postcode district. The below map shows the position of CHESTERS COTTAGE on CHESTERS PARK.