LOW GRANGE, HIGH HORSE CLOSE WOOD, ROWLANDS GILL, NE39 1BQ - £665,000

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

LOW GRANGE is a midsized extended detached house of 119m², built sometime from 2007 onwards. It was last sold for £665,000 in April 2012, which was around 236% above the average April 2012 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

LOW GRANGE Sold Prices

Land registry data shows two sales for LOW GRANGE 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 LOW GRANGE 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
2012 18 APR	£665,000	£197,991	236% above HPI
2007 4 MAY	£365,000	£219,537	66% above HPI

LOW GRANGE 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 LOW GRANGE sales from May 2007 and April 2012 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 May 2007 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the April 2012 sale, where it rises to 236% above the HPI. The line then continues to track at 236% above the HPI.

How Large is LOW GRANGE?

LOW GRANGE is 119m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 50% 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 LOW GRANGE lies on this distribution: 41% of detached houses are smaller than LOW GRANGE, and 59% of houses are larger. Note that EPC data is not available for all properties in Rowlands Gill.

LOW GRANGE: Plot and Title Map

LOW GRANGE sits on a plot of roughly 0.474 of an acre, or 1,918m². The below map shows the location of LOW GRANGE, 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 LOW GRANGE). 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 LOW GRANGE?

LOW GRANGE is located on HIGH HORSE CLOSE WOOD in ROWLANDS GILL, in the NE39 postcode district. The below map shows the position of LOW GRANGE on HIGH HORSE CLOSE WOOD.