THE BEECHES, WHICKHAM PARK, WHICKHAM, NEWCASTLE UPON TYNE, NE16 4EH - £800,000

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

THE BEECHES is a very large extended detached house of 286m², built sometime between 1967 and 1975. It was last sold for £800,000 in October 2023, which was around 189% above the average October 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

THE BEECHES Sold Prices

Land registry data shows four sales for THE BEECHES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the four 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
2023 23 OCT	£800,000	£276,505	189% above HPI
2009 23 APR	£485,000	£195,297	148% above HPI
2003 19 SEP	£435,000	£157,194	177% above HPI
2002 18 DEC	£295,000	£122,018	142% above HPI

THE BEECHES 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 four THE BEECHES sales between December 2002 and October 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 April 2009 sale was for 148% above the HPI. So the extrapolation line tracks at 148% above the HPI over time, until the October 2023 sale, where it rises to 189% above the HPI. The line then continues to track at 189% above the HPI.

How Large is THE BEECHES?

THE BEECHES is 286m², which includes three extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 10% of detached houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses by size in Whickham, and where THE BEECHES lies on this distribution: 97% of detached houses are smaller than THE BEECHES, and 3% of houses are larger. Note that EPC data is not available for all properties in Whickham.

THE BEECHES: Plot and Title Map

THE BEECHES sits on a plot of roughly 0.278 of an acre, or 1,126m². 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.

Where is THE BEECHES?

THE BEECHES is located on WHICKHAM PARK in WHICKHAM, in the NE16 postcode district. The below map shows the position of THE BEECHES on WHICKHAM PARK.