43, RANNOCH CLOSE, WARDLEY, GATESHEAD, NE10 8GB - £178,000

43 RANNOCH CLOSE is a small extended detached house of 88m², built sometime between 1996 and 2002. It was last sold for £178,000 in December 2014, which was around 16% below the average December 2014 detached price in the Gateshead local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

43 RANNOCH CLOSE Sold Prices

Land registry data shows two sales for 43 RANNOCH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 43 RANNOCH CLOSE 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 3 DEC	£178,000	£211,403	16% below HPI
1999 12 NOV	£78,000	£85,316	9% below HPI

43 RANNOCH CLOSE 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 two 43 RANNOCH CLOSE sales from November 1999 and December 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 November 1999 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2014 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 43 RANNOCH CLOSE?

43 RANNOCH CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in January 2009. This puts it in the smallest 30% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 43 RANNOCH CLOSE lies on this distribution: 30% of detached houses are smaller than 43 RANNOCH CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

43 RANNOCH CLOSE: Plot and Title Map

43 RANNOCH CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 43 RANNOCH 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 43 RANNOCH 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 43 RANNOCH CLOSE?

43 RANNOCH CLOSE is located in WARDLEY, in the NE10 postcode district. The below map shows the position of No. 43 on RANNOCH CLOSE.