3, EGREMONT GARDENS, GATESHEAD, NE9 5SH - £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.

3 EGREMONT GARDENS is a large detached house of 132m², built sometime before 1900, which could now be worth an estimated £212,021. It was last sold for £162,000 in October 2014, which was around 24% below the average October 2014 detached price in the Gateshead local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was D.

3 EGREMONT GARDENS Sold Prices

Land registry data shows four sales for 3 EGREMONT GARDENS 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. Most of the four 3 EGREMONT GARDENS sales were 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
2014 16 OCT	£162,000	£214,179	24% below HPI
2006 21 JUL	£250,000	£211,710	18% above HPI
2004 23 JAN	£151,000	£170,311	11% below HPI
1999 15 APR	£75,000	£79,426	6% below HPI

3 EGREMONT GARDENS 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 3 EGREMONT GARDENS sales between April 1999 and October 2014 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 July 2006 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the October 2014 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 3 EGREMONT GARDENS be worth now?

3 EGREMONT GARDENS might now be worth an estimated £212,021.

This is based on house price inflation of 30.9%, between October 2014 and June 2025, for 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 3 EGREMONT GARDENS of £162,000 on 16th October 2014. For the value to have increased from £162,000 to £212,021 over the eleven years and four months to June 2025, the following assumptions must hold true:

• The value of 3 EGREMONT GARDENS has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The October 2014 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 3 EGREMONT GARDENS has not materially changed since October 2014.

How Large is 3 EGREMONT GARDENS?

3 EGREMONT GARDENS is 132m² according to the EPC inspection conducted in June 2011. This puts it in the largest 30% of detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gateshead, and where 3 EGREMONT GARDENS lies on this distribution: 76% of detached houses houses are smaller than 3 EGREMONT GARDENS, and 24% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

3 EGREMONT GARDENS: Plot and Title Map

3 EGREMONT GARDENS sits on a plot of roughly 0.174 of an acre, or 704m². The below map shows the location of 3 EGREMONT GARDENS, 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 3 EGREMONT GARDENS). 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 3 EGREMONT GARDENS?

3 EGREMONT GARDENS is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 3 on EGREMONT GARDENS.