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
THE BEECHES is a very large extended detached house of 242m², built sometime between 1950 and 1966. It was last sold for £450,000 in December 2020, which was around 93% above the average December 2020 detached price in the Cumberland local authority area. The most recent EPC inspection was August 2015, where the current energy rating was G, and the potential energy rating was B.
Land registry data shows three sales for THE BEECHES since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. All of the three THE BEECHES 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 |
---|---|---|---|
2020 10 DEC | £450,000 | £233,355 | 93% above HPI |
2011 5 APR | £275,000 | £195,880 | 40% above HPI |
2009 1 SEP | £281,500 | £197,730 | 42% above HPI |
The below graph shows the average detached house price in the Cumberland local authority area over time, sourced from the HPI. The three THE BEECHES sales between September 2009 and December 2020 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 April 2011 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the December 2020 sale, where it rises to 93% above the HPI. The line then continues to track at 93% above the HPI.
THE BEECHES is 242m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 10% of detached houses in Gosforth, based on EPC data. The below chart shows the distribution of detached houses by size in Gosforth, and where THE BEECHES lies on this distribution: 96% of detached houses are smaller than THE BEECHES, and 4% of houses are larger. Note that EPC data is not available for all properties in Gosforth.
THE BEECHES sits on a plot of roughly 0.252 of an acre, or 1,022m². The below map shows the location of THE BEECHES, 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 THE BEECHES). 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.
THE BEECHES is located in GOSFORTH, in the CA20 postcode district. The below map shows the position of THE BEECHES in GOSFORTH.