15, LAVENDER GARDENS, GATESHEAD, NE9 5TB - £318,000

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 LAVENDER GARDENS is a large extended terraced house of 129m², built sometime between 1900 and 1929, which could now be worth an estimated £347,910. It was last sold for £318,000 in November 2021, which was around 142% above the average November 2021 terraced price in the Gateshead local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

15 LAVENDER GARDENS Sold Prices

Land registry data shows five sales for 15 LAVENDER GARDENS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Gateshead local authority area for the corresponding sale date. All of the five 15 LAVENDER GARDENS 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
2021 19 NOV	£318,000	£131,547	142% above HPI
2018 18 JAN	£265,728	£113,904	133% above HPI
2013 28 MAR	£225,500	£103,823	117% above HPI
2007 16 NOV	£239,950	£121,879	97% above HPI
2005 12 AUG	£200,000	£105,175	90% above HPI

15 LAVENDER GARDENS 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 five 15 LAVENDER GARDENS sales between August 2005 and November 2021 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 2018 sale was for 133% above the HPI. So the extrapolation line tracks at 133% above the HPI over time, until the November 2021 sale, where it rises to 142% above the HPI. The line then continues to track at 142% above the HPI.

What might 15 LAVENDER GARDENS be worth now?

15 LAVENDER GARDENS might now be worth an estimated £347,910.

This is based on house price inflation of 9.4%, between November 2021 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 9.4% inflationary increase is applied to the most recent sale price for 15 LAVENDER GARDENS of £318,000 on 19th November 2021. For the value to have increased from £318,000 to £347,910 over the four years and five months to June 2025, the following assumptions must hold true:

• The value of 15 LAVENDER GARDENS has moved in line with the HPI for terraced houses in the Gateshead local authority area.
• The November 2021 sale price of £318,000 represented a fair market value for the property.
• The size, condition, and specification of 15 LAVENDER GARDENS has not materially changed since November 2021.

How Large is 15 LAVENDER GARDENS?

15 LAVENDER GARDENS is 129m², which includes two extensions, according to the EPC inspection conducted in May 2012. 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 LAVENDER GARDENS lies on this distribution: 74% of terraced houses houses are smaller than 15 LAVENDER GARDENS, and 26% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

15 LAVENDER GARDENS: Plot and Title Map

15 LAVENDER GARDENS sits on a plot of roughly 0.034 of an acre, or 136m². The below map shows the location of 15 LAVENDER GARDENS, 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 LAVENDER GARDENS). 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 LAVENDER GARDENS?

15 LAVENDER GARDENS is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 15 on LAVENDER GARDENS.