HIGHFIELD, ROCKCLIFFE WAY, EIGHTON BANKS, GATESHEAD, NE9 7XS - £410,000

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

HIGHFIELD is a very large detached house of 228m². It was last sold for £410,000 in September 2023, which was around 47% above the average September 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was February 2017, where the current energy rating was B, and the potential energy rating was B.

HIGHFIELD Sold Prices

Land registry data shows two sales for HIGHFIELD 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 HIGHFIELD 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
2023 29 SEP	£410,000	£279,292	47% above HPI
2016 5 FEB	£122,500	£218,993	44% below HPI

HIGHFIELD 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 HIGHFIELD sales from February 2016 and September 2023 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 2016 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the September 2023 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is HIGHFIELD?

HIGHFIELD is 228m² according to the EPC inspection conducted in February 2017. This puts it in the largest 10% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where HIGHFIELD lies on this distribution: 97% of detached houses are smaller than HIGHFIELD, and 3% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

HIGHFIELD: Plot and Title Map

HIGHFIELD sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of HIGHFIELD, 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 HIGHFIELD). 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 HIGHFIELD?

HIGHFIELD is located on ROCKCLIFFE WAY in EIGHTON BANKS, in the NE9 postcode district. The below map shows the position of HIGHFIELD on ROCKCLIFFE WAY.