12, WESTMINSTER STREET, GATESHEAD, NE8 4QE - £183,995

12 WESTMINSTER STREET is a midsized detached house of 98m². It was last sold for £183,995 in September 2020, which was around 25% below the average September 2020 detached price in the Gateshead local authority area. The most recent EPC inspection was September 2020, where the current energy rating was B, and the potential energy rating was A.

12 WESTMINSTER STREET Sold Prices

Land registry data shows two sales for 12 WESTMINSTER STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 12 WESTMINSTER STREET 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
2020 30 SEP	£183,995	£245,882	25% below HPI
2003 3 DEC	£42,950	£168,834	75% below HPI

12 WESTMINSTER STREET 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 two 12 WESTMINSTER STREET sales from December 2003 and September 2020 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 December 2003 sale was for 75% below the HPI. So the extrapolation line tracks at 75% below the HPI over time, until the September 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 12 WESTMINSTER STREET?

12 WESTMINSTER STREET is 98m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 12 WESTMINSTER STREET lies on this distribution: 41% of detached houses are smaller than 12 WESTMINSTER STREET, and 57% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

12 WESTMINSTER STREET: Plot and Title Map

12 WESTMINSTER STREET sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 12 WESTMINSTER STREET, 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 12 WESTMINSTER STREET). 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 12 WESTMINSTER STREET?

12 WESTMINSTER STREET is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 12 on WESTMINSTER STREET.