15, HEATHFIELD PLACE, LOW FELL, GATESHEAD, NE9 5AS - £320,000

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.

15 HEATHFIELD PLACE is a large extended terraced house of 123m², built sometime between 2003 and 2006, which could now be worth an estimated £370,260. It was last sold for £320,000 in December 2007, which was around 157% above the average December 2007 terraced price in the Gateshead local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

15 HEATHFIELD PLACE Sold Prices

Land registry data shows two sales for 15 HEATHFIELD PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Gateshead local authority area for the corresponding sale date. Both of the two 15 HEATHFIELD PLACE 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
2007 7 DEC	£320,000	£124,384	157% above HPI
2003 22 FEB	£198,950	£55,296	260% above HPI

15 HEATHFIELD PLACE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Gateshead local authority area over time, sourced from the HPI. The two 15 HEATHFIELD PLACE sales from February 2003 and December 2007 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 February 2003 sale was for 260% above the HPI. So the extrapolation line tracks at 260% above the HPI over time, until the December 2007 sale, where it falls to 157% above the HPI. The line then continues to track at 157% above the HPI.

What might 15 HEATHFIELD PLACE be worth now?

15 HEATHFIELD PLACE might now be worth an estimated £370,260.

This is based on house price inflation of 15.7%, between December 2007 and June 2025, for terraced 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 15.7% inflationary increase is applied to the most recent sale price for 15 HEATHFIELD PLACE of £320,000 on 7th December 2007. For the value to have increased from £320,000 to £370,260 over the eighteen years and six months to June 2025, the following assumptions must hold true:

• The value of 15 HEATHFIELD PLACE has moved in line with the HPI for terraced houses in the Gateshead local authority area.
• The December 2007 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 15 HEATHFIELD PLACE has not materially changed since December 2007.

How Large is 15 HEATHFIELD PLACE?

15 HEATHFIELD PLACE is 123m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the largest 30% of terraced houses houses in Gateshead, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gateshead, and where 15 HEATHFIELD PLACE lies on this distribution: 70% of terraced houses houses are smaller than 15 HEATHFIELD PLACE, and 29% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

15 HEATHFIELD PLACE: Plot and Title Map

15 HEATHFIELD PLACE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 15 HEATHFIELD PLACE, 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 15 HEATHFIELD PLACE). 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 15 HEATHFIELD PLACE?

15 HEATHFIELD PLACE is located in LOW FELL, in the NE9 postcode district. The below map shows the position of No. 15 on HEATHFIELD PLACE.