37A, LONG BANK, GATESHEAD, NE9 7HJ - £167,000

37A LONG BANK is a very small extended semi-detached house of 79m², built sometime before 1900. It was last sold for £167,000 in May 2014, which was around 18% below the average May 2014 detached price in the Gateshead local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

37A LONG BANK Sold Prices

Land registry data shows three sales for 37A LONG BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the three 37A LONG BANK 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 29 MAY	£167,000	£203,434	18% below HPI
2007 31 AUG	£169,950	£228,054	25% below HPI
2004 16 JUL	£147,000	£189,735	23% below HPI

37A LONG BANK 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 three 37A LONG BANK sales between July 2004 and May 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 August 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2014 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 37A LONG BANK?

37A LONG BANK is 79m², which includes two extensions, according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 37A LONG BANK lies on this distribution: 15% of detached houses are smaller than 37A LONG BANK, and 84% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

37A LONG BANK: Plot and Title Map

37A LONG BANK sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 37A LONG BANK, 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 37A LONG BANK). 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 37A LONG BANK?

37A LONG BANK is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 37A on LONG BANK.