16, HEDGE CLOSE, GATESHEAD, NE11 9UG - £165,000

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.

16 HEDGE CLOSE is a small semi-detached house of 96m², built sometime between 1983 and 1990, which could now be worth an estimated £241,010. It was last sold for £165,000 in June 2005, which was around 40% above the average June 2005 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

16 HEDGE CLOSE Sold Prices

Land registry data shows three sales for 16 HEDGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. Two of the three 16 HEDGE CLOSE 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
2005 17 JUN	£165,000	£118,155	40% above HPI
1998 14 DEC	£14,750	£45,014	67% below HPI
1997 20 JAN	£55,000	£41,252	33% above HPI

16 HEDGE 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 three 16 HEDGE CLOSE sales between January 1997 and June 2005 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 1998 sale was for 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the June 2005 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 16 HEDGE CLOSE be worth now?

16 HEDGE CLOSE might now be worth an estimated £241,010.

This is based on house price inflation of 46.1%, between June 2005 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 46.1% inflationary increase is applied to the most recent sale price for 16 HEDGE CLOSE of £165,000 on 17th June 2005. For the value to have increased from £165,000 to £241,010 over the twenty years to June 2025, the following assumptions must hold true:

• The value of 16 HEDGE CLOSE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The June 2005 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 16 HEDGE CLOSE has not materially changed since June 2005.

How Large is 16 HEDGE CLOSE?

16 HEDGE CLOSE is 96m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 40% 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 16 HEDGE CLOSE lies on this distribution: 37% of semi-detached houses houses are smaller than 16 HEDGE CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

16 HEDGE CLOSE: Plot and Title Map

16 HEDGE CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 16 HEDGE 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 16 HEDGE 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 16 HEDGE CLOSE?

16 HEDGE CLOSE is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 16 on HEDGE CLOSE.