NEWHOLME, HOOKERGATE LANE, HIGH SPEN, ROWLANDS GILL, NE39 2BE - £250,000

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

NEWHOLME is a very large extended detached house of 193m², built sometime between 1950 and 1966. It was last sold for £250,000 in November 2010, which was around 20% above the average November 2010 detached price in the Gateshead local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

NEWHOLME Sold Prices

Land registry data shows two sales for NEWHOLME 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 NEWHOLME 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
2010 22 NOV	£250,000	£209,067	20% above HPI
2002 10 MAY	£141,000	£107,665	31% above HPI

NEWHOLME 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 NEWHOLME sales from May 2002 and November 2010 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 2002 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the November 2010 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is NEWHOLME?

NEWHOLME is 193m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the largest 20% of detached houses in High Spen, based on EPC data. The below chart shows the distribution of detached houses by size in High Spen, and where NEWHOLME lies on this distribution: 89% of detached houses are smaller than NEWHOLME, and 11% of houses are larger. Note that EPC data is not available for all properties in High Spen.

NEWHOLME: Plot and Title Map

NEWHOLME sits on a plot of roughly 0.186 of an acre, or 754m². The below map shows the location of NEWHOLME, 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 NEWHOLME). 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 NEWHOLME?

NEWHOLME is located on HOOKERGATE LANE in HIGH SPEN, in the NE39 postcode district. The below map shows the position of NEWHOLME on HOOKERGATE LANE.