THE GABLES, THORNHILL ROAD, NEWCASTLE UPON TYNE, NE12 9PD - £1,060,000

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 GABLES is a very large extended detached house of 479m², built sometime before 1900. It was last sold for £1,060,000 in July 2011, which was around 357% above the average July 2011 detached price in the North Tyneside local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was E.

THE GABLES Sold Prices

Land registry data shows five sales for THE GABLES since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the five THE GABLES 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
2011 11 JUL	£1,060,000	£231,747	357% above HPI
2008 17 APR	£1,085,000	£251,318	332% above HPI
2006 3 MAR	£930,000	£234,597	296% above HPI
1996 5 JAN	£200,000	£79,521	152% above HPI
1995 15 AUG	£148,000	£78,632	88% above HPI

THE GABLES Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The five THE GABLES sales between August 1995 and July 2011 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 2008 sale was for 332% above the HPI. So the extrapolation line tracks at 332% above the HPI over time, until the July 2011 sale, where it rises to 357% above the HPI. The line then continues to track at 357% above the HPI.

How Large is THE GABLES?

THE GABLES is 479m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the largest 10% of detached houses in Longbenton, based on EPC data. The below chart shows the distribution of detached houses by size in Longbenton, and where THE GABLES lies on this distribution: More than 99% of detached houses are smaller than THE GABLES, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Longbenton.

THE GABLES: Plot and Title Map

THE GABLES sits on a plot of roughly 0.825 of an acre, or 3,337m². The below map shows the location of THE GABLES, 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 GABLES). 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 GABLES?

THE GABLES is located on THORNHILL ROAD in NEWCASTLE UPON TYNE, in the NE12 postcode district. The below map shows the position of THE GABLES on THORNHILL ROAD.