DERWENT HOUSE, WHITTONSTALL ROAD, CHOPWELL, NEWCASTLE UPON TYNE, NE17 7JZ - £116,000

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

DERWENT HOUSE is a very large detached house of 133m², built sometime between 1930 and 1949. It was last sold for £116,000 in November 2012, which was around 42% below the average November 2012 detached price in the Gateshead local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was D.

DERWENT HOUSE Sold Prices

Land registry data shows three sales for DERWENT HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the three DERWENT HOUSE sales were 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
2012 9 NOV	£116,000	£201,664	42% below HPI
2008 18 JAN	£150,000	£233,411	36% below HPI
1998 11 SEP	£64,950	£78,888	18% below HPI

DERWENT HOUSE 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 three DERWENT HOUSE sales between September 1998 and November 2012 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 2008 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2012 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is DERWENT HOUSE?

DERWENT HOUSE is 133m² according to the EPC inspection conducted in May 2012. This puts it in the largest 20% of detached houses in Chopwell, based on EPC data. The below chart shows the distribution of detached houses by size in Chopwell, and where DERWENT HOUSE lies on this distribution: 83% of detached houses are smaller than DERWENT HOUSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Chopwell.

DERWENT HOUSE: Plot and Title Map

DERWENT HOUSE sits on a plot of roughly 0.199 of an acre, or 805m². The below map shows the location of DERWENT HOUSE, 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 DERWENT HOUSE). 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 DERWENT HOUSE?

DERWENT HOUSE is located on WHITTONSTALL ROAD in CHOPWELL, in the NE17 postcode district. The below map shows the position of DERWENT HOUSE on WHITTONSTALL ROAD.