47, FOSTER DRIVE, GATESHEAD, NE8 3JA - £115,000

47 FOSTER DRIVE is a very small detached house of 47m², built sometime between 2003 and 2006. It was last sold for £115,000 in October 2006, which was around 46% below the average October 2006 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2015, where the current energy rating was B, and the potential energy rating was B.

47 FOSTER DRIVE Sold Prices

Land registry data shows two sales for 47 FOSTER DRIVE 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 47 FOSTER DRIVE 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
2006 27 OCT	£115,000	£214,770	46% below HPI
2002 20 DEC	£85,950	£122,018	30% below HPI

47 FOSTER DRIVE 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 47 FOSTER DRIVE sales from December 2002 and October 2006 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 December 2002 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2006 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 47 FOSTER DRIVE?

47 FOSTER DRIVE is 47m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 47 FOSTER DRIVE lies on this distribution: Less than 1% of detached houses are smaller than 47 FOSTER DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

47 FOSTER DRIVE: Plot and Title Map

47 FOSTER DRIVE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 47 FOSTER DRIVE, 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 47 FOSTER DRIVE). 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 47 FOSTER DRIVE?

47 FOSTER DRIVE is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 47 on FOSTER DRIVE.