DIPWOOD LODGE, DIPWOOD ROAD, ROWLANDS GILL, NE39 1DD - £255,500

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

DIPWOOD LODGE is a small extended detached house of 105m², built sometime before 1900. It was last sold for £255,500 in February 2018, which was around 13% above the average February 2018 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.

DIPWOOD LODGE Sold Prices

Land registry data shows two sales for DIPWOOD 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 DIPWOOD 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
2018 7 FEB	£255,500	£225,908	13% above HPI
1997 28 FEB	£103,000	£74,585	38% above HPI

DIPWOOD 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 DIPWOOD LODGE sales from February 1997 and February 2018 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 1997 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the February 2018 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is DIPWOOD LODGE?

DIPWOOD LODGE is 105m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% 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 DIPWOOD LODGE lies on this distribution: 29% of detached houses are smaller than DIPWOOD LODGE, and 70% of houses are larger. Note that EPC data is not available for all properties in Rowlands Gill.

DIPWOOD LODGE: Plot and Title Map

DIPWOOD LODGE sits on a plot of roughly 0.206 of an acre, or 833m². The below map shows the location of DIPWOOD 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 DIPWOOD 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 DIPWOOD LODGE?

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