FRIARSGARTH, NURSERY LANE, GATESHEAD, NE10 9TE - £235,000

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

FRIARSGARTH is a very large detached house of 153m², built sometime between 1930 and 1949. It was last sold for £235,000 in March 2020, which was around 2% above the average March 2020 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

FRIARSGARTH Sold Prices

Land registry data shows two sales for FRIARSGARTH 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 FRIARSGARTH 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
2020 16 MAR	£235,000	£231,021	2% above HPI
2009 29 JUL	£162,000	£202,930	20% below HPI

FRIARSGARTH 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 FRIARSGARTH sales from July 2009 and March 2020 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 July 2009 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2020 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is FRIARSGARTH?

FRIARSGARTH is 153m² according to the EPC inspection conducted in July 2019. This puts it in the largest 20% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where FRIARSGARTH lies on this distribution: 86% of detached houses are smaller than FRIARSGARTH, and 13% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

FRIARSGARTH: Plot and Title Map

FRIARSGARTH sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of FRIARSGARTH, 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 FRIARSGARTH). 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 FRIARSGARTH?

FRIARSGARTH is located on NURSERY LANE in GATESHEAD, in the NE10 postcode district. The below map shows the position of FRIARSGARTH on NURSERY LANE.