WYNGATE, THORNLEY LANE, ROWLANDS GILL, NE39 1AX - £300,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

WYNGATE is a midsized extended detached house of 127m², built sometime between 1967 and 1975, which could now be worth an estimated £387,561. It was last sold for £300,000 in February 2016, which was around 38% above the average February 2016 detached price in the Gateshead local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was D.

WYNGATE Sold Prices

Land registry data shows three sales for WYNGATE 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. Two of the three WYNGATE sales were for above the average price, whilst one was for below 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
2016 12 FEB	£300,000	£217,519	38% above HPI
2015 19 JAN	£310,000	£208,457	49% above HPI
2005 30 SEP	£190,000	£207,251	8% below HPI

WYNGATE 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 WYNGATE sales between September 2005 and February 2016 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 January 2015 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the February 2016 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might WYNGATE be worth now?

WYNGATE might now be worth an estimated £387,561.

This is based on house price inflation of 29.2%, between February 2016 and February 2025, for detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.2% inflationary increase is applied to the most recent sale price for WYNGATE of £300,000 on 12th February 2016. For the value to have increased from £300,000 to £387,561 over the nine years to February 2025, the following assumptions must hold true:

• The value of WYNGATE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The February 2016 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of WYNGATE has not materially changed since February 2016.

How Large is WYNGATE?

WYNGATE is 127m², which includes two extensions, according to the EPC inspection conducted in November 2008. This puts it in the smallest 50% of detached houses houses in Rowlands Gill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rowlands Gill, and where WYNGATE lies on this distribution: 46% of detached houses houses are smaller than WYNGATE, and 54% of houses are larger. Note that EPC data is not available for all properties in Rowlands Gill.

WYNGATE: Plot and Title Map

WYNGATE sits on a plot of roughly 7.1 acres, or 28,861m². The below map shows the location of WYNGATE, 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 WYNGATE). 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 WYNGATE?

WYNGATE is located on THORNLEY LANE in ROWLANDS GILL, in the NE39 postcode district. The below map shows the position of WYNGATE on THORNLEY LANE.