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
SCOTS VILLA is a very large extended detached house of 238m², built sometime between 1950 and 1966. It was last sold for £655,000 in April 2023, which was around 138% above the average April 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for SCOTS VILLA since 1st 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 SCOTS VILLA 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 |
---|---|---|---|
2023 14 APR | £655,000 | £275,231 | 138% above HPI |
2012 4 DEC | £485,000 | £200,728 | 142% above HPI |
The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The two SCOTS VILLA sales from December 2012 and April 2023 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 December 2012 sale was for 142% above the HPI. So the extrapolation line tracks at 142% above the HPI over time, until the April 2023 sale, where it falls to 138% above the HPI. The line then continues to track at 138% above the HPI.
SCOTS VILLA is 238m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 10% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where SCOTS VILLA lies on this distribution: 97% of detached houses are smaller than SCOTS VILLA, and 2% of houses are larger. Note that EPC data is not available for all properties in Gateshead.
SCOTS VILLA sits on a plot of roughly 1.6 acres, or 6,502m². The below map shows the location of SCOTS VILLA, 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 SCOTS VILLA). 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.
SCOTS VILLA is located on ROCKCLIFFE WAY in EIGHTON BANKS, in the NE9 postcode district. The below map shows the position of SCOTS VILLA on ROCKCLIFFE WAY.