29, LARNE CRESCENT, GATESHEAD, NE9 5RP - £158,500

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.

29 LARNE CRESCENT is a very small semi-detached house of 80m², built sometime between 1900 and 1929, which could now be worth an estimated £207,460. It was last sold for £158,500 in June 2018, which was around 14% above the average June 2018 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

29 LARNE CRESCENT Sold Prices

Land registry data shows two sales for 29 LARNE CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. One of the two 29 LARNE CRESCENT sales was for above the average price, whilst the other 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
2018 29 JUN	£158,500	£138,586	14% above HPI
2017 20 JAN	£130,000	£131,640	1% below HPI

29 LARNE CRESCENT 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 two 29 LARNE CRESCENT sales from January 2017 and June 2018 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 2017 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2018 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 29 LARNE CRESCENT be worth now?

29 LARNE CRESCENT might now be worth an estimated £207,460.

This is based on house price inflation of 30.9%, between June 2018 and March 2026, 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 30.9% inflationary increase is applied to the most recent sale price for 29 LARNE CRESCENT of £158,500 on 29th June 2018. For the value to have increased from £158,500 to £207,460 over the eight years and three months to March 2026, the following assumptions must hold true:

• The value of 29 LARNE CRESCENT has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The June 2018 sale price of £158,500 represented a fair market value for the property.
• The size, condition, and specification of 29 LARNE CRESCENT has not materially changed since June 2018.

How Large is 29 LARNE CRESCENT?

29 LARNE CRESCENT is 80m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% 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 29 LARNE CRESCENT lies on this distribution: 16% of semi-detached houses houses are smaller than 29 LARNE CRESCENT, and 83% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

29 LARNE CRESCENT: Plot and Title Map

29 LARNE CRESCENT sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 29 LARNE CRESCENT, 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 29 LARNE CRESCENT). 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 29 LARNE CRESCENT?

29 LARNE CRESCENT is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 29 on LARNE CRESCENT.