2, THE PAVILION, SWALWELL, NEWCASTLE UPON TYNE, NE16 3BZ - £348,000

2 THE PAVILION is a midsized extended detached house of 120m², built sometime between 1996 and 2002. It was last sold for £348,000 in February 2024, which was around 21% above the average February 2024 detached price in the Gateshead local authority area. The most recent EPC inspection was December 2016, where the current energy rating was C, and the potential energy rating was B.

2 THE PAVILION Sold Prices

Land registry data shows four sales for 2 THE PAVILION since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the four 2 THE PAVILION 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
2024 9 FEB	£348,000	£288,362	21% above HPI
2017 12 MAY	£248,500	£227,433	9% above HPI
2003 22 JUL	£196,000	£153,308	28% above HPI
2000 23 NOV	£109,750	£90,389	21% above HPI

2 THE PAVILION 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 four 2 THE PAVILION sales between November 2000 and February 2024 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 May 2017 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the February 2024 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 2 THE PAVILION?

2 THE PAVILION is 120m², which includes four extensions, according to the EPC inspection conducted in December 2016. This puts it in the largest 50% of detached houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses by size in Whickham, and where 2 THE PAVILION lies on this distribution: 54% of detached houses are smaller than 2 THE PAVILION, and 45% of houses are larger. Note that EPC data is not available for all properties in Whickham.

2 THE PAVILION: Plot and Title Map

2 THE PAVILION sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 2 THE PAVILION, 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 THE PAVILION). 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 THE PAVILION?

2 THE PAVILION is located in SWALWELL, in the NE16 postcode district. The below map shows the position of No. 2 on THE PAVILION.