THE THROP, DUNSTON BANK, GATESHEAD, NE11 9QA - £477,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE THROP is a very large extended detached house of 209m², built sometime between 1930 and 1949. It was last sold for £477,000 in November 2019, which was around 107% above the average November 2019 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was C.

THE THROP Sold Prices

Land registry data shows three sales for THE THROP since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the three THE THROP 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
2019 14 NOV	£477,000	£230,524	107% above HPI
2010 30 MAR	£380,000	£203,463	87% above HPI
2001 25 MAY	£156,000	£93,598	67% above HPI

THE THROP 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 three THE THROP sales between May 2001 and November 2019 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 March 2010 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the November 2019 sale, where it rises to 107% above the HPI. The line then continues to track at 107% above the HPI.

How Large is THE THROP?

THE THROP is 209m², which includes one extension, according to the EPC inspection conducted in August 2019. 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 THE THROP lies on this distribution: 95% of detached houses are smaller than THE THROP, and 4% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

THE THROP: Plot and Title Map

THE THROP sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of THE THROP, 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 THROP). 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 THROP?

THE THROP is located on DUNSTON BANK in GATESHEAD, in the NE11 postcode district. The below map shows the position of THE THROP on DUNSTON BANK.