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

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

WYNGATE is a midsized extended detached house of 127m², built sometime between 1967 and 1975. It was last sold for £300,000 in February 2016, which was around 37% 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	£218,993	37% above HPI
2015 19 JAN	£310,000	£209,870	48% above HPI
2005 30 SEP	£190,000	£208,655	9% 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 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the February 2016 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

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 in Rowlands Gill, based on EPC data. The below chart shows the distribution of detached houses by size in Rowlands Gill, and where WYNGATE lies on this distribution: 47% of detached houses are smaller than WYNGATE, and 53% 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 0.137 of an acre, or 556m². 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.