CORAMANDEL, ORCHARD ROAD, ROWLANDS GILL, NE39 1ED - £450,000

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

CORAMANDEL is a very large extended detached house of 234m², built sometime between 1976 and 1982. It was last sold for £450,000 in November 2021, which was around 74% above the average November 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was C.

CORAMANDEL Sold Prices

Land registry data shows two sales for CORAMANDEL 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 CORAMANDEL 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
2021 19 NOV	£450,000	£258,002	74% above HPI
1998 18 SEP	£130,000	£78,888	65% above HPI

CORAMANDEL 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 CORAMANDEL sales from September 1998 and November 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 September 1998 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the November 2021 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

How Large is CORAMANDEL?

CORAMANDEL is 234m², which includes two extensions, according to the EPC inspection conducted in September 2021. 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 CORAMANDEL lies on this distribution: 91% of detached houses are smaller than CORAMANDEL, and 9% of houses are larger. Note that EPC data is not available for all properties in Rowlands Gill.

CORAMANDEL: Plot and Title Map

CORAMANDEL sits on a plot of roughly 0.149 of an acre, or 605m². The below map shows the location of CORAMANDEL, 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 CORAMANDEL). 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 CORAMANDEL?

CORAMANDEL is located on ORCHARD ROAD in ROWLANDS GILL, in the NE39 postcode district. The below map shows the position of CORAMANDEL on ORCHARD ROAD.