24, THROPTON CLOSE, GATESHEAD, NE10 8SP - £127,500

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.

24 THROPTON CLOSE is a very small terraced house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £160,206. It was last sold for £127,500 in December 2019, which was around 11% above the average December 2019 terraced price in the Gateshead local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

24 THROPTON CLOSE Sold Prices

Land registry data shows three sales for 24 THROPTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Gateshead local authority area for the corresponding sale date. All of the three 24 THROPTON CLOSE 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
2019 10 DEC	£127,500	£114,539	11% above HPI
2010 20 AUG	£120,500	£105,925	14% above HPI
2003 5 SEP	£97,950	£72,738	35% above HPI

24 THROPTON CLOSE 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 three 24 THROPTON CLOSE sales between September 2003 and December 2019 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 August 2010 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the December 2019 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 24 THROPTON CLOSE be worth now?

24 THROPTON CLOSE might now be worth an estimated £160,206.

This is based on house price inflation of 25.7%, between December 2019 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 25.7% inflationary increase is applied to the most recent sale price for 24 THROPTON CLOSE of £127,500 on 10th December 2019. For the value to have increased from £127,500 to £160,206 over the six years and six months to June 2025, the following assumptions must hold true:

• The value of 24 THROPTON CLOSE has moved in line with the HPI for terraced houses in the Gateshead local authority area.
• The December 2019 sale price of £127,500 represented a fair market value for the property.
• The size, condition, and specification of 24 THROPTON CLOSE has not materially changed since December 2019.

How Large is 24 THROPTON CLOSE?

24 THROPTON CLOSE is 69m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 10% 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 24 THROPTON CLOSE lies on this distribution: 7% of terraced houses houses are smaller than 24 THROPTON CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

24 THROPTON CLOSE: Plot and Title Map

24 THROPTON CLOSE sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of 24 THROPTON 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 24 THROPTON 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 24 THROPTON CLOSE?

24 THROPTON CLOSE is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 24 on THROPTON CLOSE.