PARK HOUSE, STRATHMORE ROAD, ROWLANDS GILL, NE39 1HX - £355,000

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

PARK HOUSE is a large detached house of 174m², built sometime between 1900 and 1929. It was last sold for £355,000 in July 2005, which was around 77% above the average July 2005 detached price in the Gateshead local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.

PARK HOUSE Sold Prices

Land registry data shows two sales for PARK 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 PARK 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
2005 14 JUL	£355,000	£200,893	77% above HPI
2003 12 MAY	£227,500	£134,984	69% above HPI

PARK 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 PARK HOUSE sales from May 2003 and July 2005 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 2003 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the July 2005 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is PARK HOUSE?

PARK HOUSE is 174m² according to the EPC inspection conducted in September 2012. This puts it in the largest 30% 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 PARK HOUSE lies on this distribution: 76% of detached houses are smaller than PARK HOUSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Rowlands Gill.

PARK HOUSE: Plot and Title Map

PARK HOUSE sits on a plot of roughly 0.259 of an acre, or 1,049m². The below map shows the location of PARK 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 PARK 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 PARK HOUSE?

PARK HOUSE is located on STRATHMORE ROAD in ROWLANDS GILL, in the NE39 postcode district. The below map shows the position of PARK HOUSE on STRATHMORE ROAD.