1, TYNEWOLD CLOSE, GATESHEAD, NE8 2PX - £95,000

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.

1 TYNEWOLD CLOSE is a very small semi-detached house of 55m², built sometime between 2003 and 2006, which could now be worth an estimated £120,891. It was last sold for £95,000 in February 2018, which was around 30% below the average February 2018 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was February 2010, where the current energy rating was B, and the potential energy rating was B.

1 TYNEWOLD CLOSE Sold Prices

Land registry data shows five sales for 1 TYNEWOLD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. All of the five 1 TYNEWOLD CLOSE sales were 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
2018 1 FEB	£95,000	£135,623	30% below HPI
2017 24 NOV	£100,000	£138,687	28% below HPI
2014 6 JUN	£97,000	£125,275	23% below HPI
2007 11 MAY	£114,950	£137,450	16% below HPI
2005 17 MAR	£93,995	£116,310	19% below HPI

1 TYNEWOLD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gateshead local authority area over time, sourced from the HPI. The five 1 TYNEWOLD CLOSE sales between March 2005 and February 2018 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 November 2017 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 1 TYNEWOLD CLOSE be worth now?

1 TYNEWOLD CLOSE might now be worth an estimated £120,891.

This is based on house price inflation of 27.3%, between February 2018 and June 2025, for semi-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 27.3% inflationary increase is applied to the most recent sale price for 1 TYNEWOLD CLOSE of £95,000 on 1st February 2018. For the value to have increased from £95,000 to £120,891 over the six years and eight months to June 2025, the following assumptions must hold true:

• The value of 1 TYNEWOLD CLOSE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The February 2018 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 1 TYNEWOLD CLOSE has not materially changed since February 2018.

How Large is 1 TYNEWOLD CLOSE?

1 TYNEWOLD CLOSE is 55m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 10% of semi-detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gateshead, and where 1 TYNEWOLD CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 1 TYNEWOLD CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

1 TYNEWOLD CLOSE: Plot and Title Map

1 TYNEWOLD CLOSE sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 1 TYNEWOLD CLOSE, 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 1 TYNEWOLD CLOSE). 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 1 TYNEWOLD CLOSE?

1 TYNEWOLD CLOSE is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 1 on TYNEWOLD CLOSE.