2, SANDY LANE, GATESHEAD, NE9 7YB - £162,000

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.

2 SANDY LANE is a small extended terraced house of 93m², built sometime between 1900 and 1929, which could now be worth an estimated £223,667. It was last sold for £162,000 in September 2011, which was around 55% above the average September 2011 terraced price in the Gateshead local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

2 SANDY LANE Sold Prices

Land registry data shows four sales for 2 SANDY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Gateshead local authority area for the corresponding sale date. All of the four 2 SANDY LANE 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
2011 28 SEP	£162,000	£104,240	55% above HPI
2005 8 SEP	£170,000	£106,492	60% above HPI
2001 26 MAR	£67,950	£40,900	66% above HPI
1996 30 AUG	£41,000	£33,488	22% above HPI

2 SANDY LANE 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 four 2 SANDY LANE sales between August 1996 and September 2011 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 September 2005 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the September 2011 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 2 SANDY LANE be worth now?

2 SANDY LANE might now be worth an estimated £223,667.

This is based on house price inflation of 38.1%, between September 2011 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 38.1% inflationary increase is applied to the most recent sale price for 2 SANDY LANE of £162,000 on 28th September 2011. For the value to have increased from £162,000 to £223,667 over the fourteen years and three months to June 2025, the following assumptions must hold true:

• The value of 2 SANDY LANE has moved in line with the HPI for terraced houses in the Gateshead local authority area.
• The September 2011 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SANDY LANE has not materially changed since September 2011.

How Large is 2 SANDY LANE?

2 SANDY LANE is 93m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 40% 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 2 SANDY LANE lies on this distribution: 35% of terraced houses houses are smaller than 2 SANDY LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

2 SANDY LANE: Plot and Title Map

2 SANDY LANE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 2 SANDY LANE, 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 2 SANDY LANE). 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 2 SANDY LANE?

2 SANDY LANE is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 2 on SANDY LANE.