3, THE ORCHARD, WHICKHAM, NEWCASTLE UPON TYNE, NE16 4HD - £194,150

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 THE ORCHARD is a large semi-detached house of 130m², built sometime between 1967 and 1975, which could now be worth an estimated £247,058. It was last sold for £194,150 in February 2018, which was around 43% above the average February 2018 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

3 THE ORCHARD Sold Prices

Land registry data shows two sales for 3 THE ORCHARD 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. Both of the two 3 THE ORCHARD 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
2018 2 FEB	£194,150	£135,623	43% above HPI
1996 7 NOV	£80,450	£42,213	91% above HPI

3 THE ORCHARD 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 3 THE ORCHARD sales from November 1996 and February 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 November 1996 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the February 2018 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 3 THE ORCHARD be worth now?

3 THE ORCHARD might now be worth an estimated £247,058.

This is based on house price inflation of 27.3%, between February 2018 and February 2025, 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 27.3% inflationary increase is applied to the most recent sale price for 3 THE ORCHARD of £194,150 on 2nd February 2018. For the value to have increased from £194,150 to £247,058 over the seven years to February 2025, the following assumptions must hold true:

• The value of 3 THE ORCHARD has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The February 2018 sale price of £194,150 represented a fair market value for the property.
• The size, condition, and specification of 3 THE ORCHARD has not materially changed since February 2018.

How Large is 3 THE ORCHARD?

3 THE ORCHARD is 130m² according to the EPC inspection conducted in July 2017. This puts it in the largest 40% of semi-detached houses houses in Whickham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Whickham, and where 3 THE ORCHARD lies on this distribution: 63% of semi-detached houses houses are smaller than 3 THE ORCHARD, and 36% of houses are larger. Note that EPC data is not available for all properties in Whickham.

3 THE ORCHARD: Plot and Title Map

3 THE ORCHARD sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 3 THE ORCHARD, 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 THE ORCHARD). 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 THE ORCHARD?

3 THE ORCHARD is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 3 on THE ORCHARD.