JOICEY HOUSE, JOICEY ROAD, GATESHEAD, NE9 5AT - £390,000

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.

JOICEY HOUSE is a large extended detached house of 127m², built sometime between 1930 and 1949, which could now be worth an estimated £444,969. It was last sold for £390,000 in June 2021, which was around 58% above the average June 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

JOICEY HOUSE Sold Prices

Land registry data shows two sales for JOICEY HOUSE 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 JOICEY HOUSE 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
2021 30 JUN	£390,000	£246,292	58% above HPI
2011 12 AUG	£300,000	£202,674	48% above HPI

JOICEY 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 two JOICEY HOUSE sales from August 2011 and June 2021 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 August 2011 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the June 2021 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might JOICEY HOUSE be worth now?

JOICEY HOUSE might now be worth an estimated £444,969.

This is based on house price inflation of 14.1%, between June 2021 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 14.1% inflationary increase is applied to the most recent sale price for JOICEY HOUSE of £390,000 on 30th June 2021. For the value to have increased from £390,000 to £444,969 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of JOICEY HOUSE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The June 2021 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of JOICEY HOUSE has not materially changed since June 2021.

How Large is JOICEY HOUSE?

JOICEY HOUSE is 127m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 30% of detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gateshead, and where JOICEY HOUSE lies on this distribution: 73% of detached houses houses are smaller than JOICEY HOUSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

JOICEY HOUSE: Plot and Title Map

JOICEY HOUSE sits on a plot of roughly 1.9 acres, or 7,576m². The below map shows the location of JOICEY 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 JOICEY 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 JOICEY HOUSE?

JOICEY HOUSE is located on JOICEY ROAD in GATESHEAD, in the NE9 postcode district. The below map shows the position of JOICEY HOUSE on JOICEY ROAD.