HIGHRIGG, HALL ROAD, CHOPWELL, NEWCASTLE UPON TYNE, NE17 7AD - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

HIGHRIGG is a very large extended detached house of 211m², built sometime between 1900 and 1929, which could now be worth an estimated £284,324. It was last sold for £225,000 in November 2016, which was around 1% above the average November 2016 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2016, where the current energy rating was F, and the potential energy rating was C.

HIGHRIGG Sold Prices

Land registry data shows two sales for HIGHRIGG 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 HIGHRIGG 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
2016 10 NOV	£225,000	£222,374	1% above HPI
2000 1 JUN	£85,000	£84,109	1% above HPI

HIGHRIGG 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 HIGHRIGG sales from June 2000 and November 2016 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 June 2000 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2016 sale, which was also at 1% above the HPI.

What might HIGHRIGG be worth now?

HIGHRIGG might now be worth an estimated £284,324.

This is based on house price inflation of 26.4%, between November 2016 and February 2025, for detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.4% inflationary increase is applied to the most recent sale price for HIGHRIGG of £225,000 on 10th November 2016. For the value to have increased from £225,000 to £284,324 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of HIGHRIGG has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The November 2016 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of HIGHRIGG has not materially changed since November 2016.

How Large is HIGHRIGG?

HIGHRIGG is 211m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the largest 10% of detached houses houses in Chopwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chopwell, and where HIGHRIGG lies on this distribution: 98% of detached houses houses are smaller than HIGHRIGG, and 2% of houses are larger. Note that EPC data is not available for all properties in Chopwell.

HIGHRIGG: Plot and Title Map

HIGHRIGG sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of HIGHRIGG, 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 HIGHRIGG). 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 HIGHRIGG?

HIGHRIGG is located on HALL ROAD in CHOPWELL, in the NE17 postcode district. The below map shows the position of HIGHRIGG on HALL ROAD.