5, DEVON GARDENS, GATESHEAD, NE9 5BA - £375,000

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.

5 DEVON GARDENS is a very large terraced house of 138m², built sometime between 1900 and 1929, which could now be worth an estimated £380,180. It was last sold for £375,000 in August 2022, which was around 164% above the average August 2022 terraced price in the Gateshead local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

5 DEVON GARDENS Sold Prices

Land registry data shows five sales for 5 DEVON GARDENS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Gateshead local authority area for the corresponding sale date. All of the five 5 DEVON GARDENS 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
2022 18 AUG	£375,000	£141,959	164% above HPI
2016 13 DEC	£305,000	£111,697	173% above HPI
2006 6 JUL	£250,000	£112,508	122% above HPI
2004 18 OCT	£228,500	£95,719	139% above HPI
1998 10 JUL	£68,000	£35,861	90% above HPI

5 DEVON GARDENS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Gateshead local authority area over time, sourced from the HPI. The five 5 DEVON GARDENS sales between July 1998 and August 2022 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 2016 sale was for 173% above the HPI. So the extrapolation line tracks at 173% above the HPI over time, until the August 2022 sale, where it falls to 164% above the HPI. The line then continues to track at 164% above the HPI.

What might 5 DEVON GARDENS be worth now?

5 DEVON GARDENS might now be worth an estimated £380,180.

This is based on house price inflation of 1.4%, between August 2022 and June 2025, for terraced 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 1.4% inflationary increase is applied to the most recent sale price for 5 DEVON GARDENS of £375,000 on 18th August 2022. For the value to have increased from £375,000 to £380,180 over the three years and two months to June 2025, the following assumptions must hold true:

• The value of 5 DEVON GARDENS has moved in line with the HPI for terraced houses in the Gateshead local authority area.
• The August 2022 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 5 DEVON GARDENS has not materially changed since August 2022.

How Large is 5 DEVON GARDENS?

5 DEVON GARDENS is 138m² according to the EPC inspection conducted in October 2014. This puts it in the largest 20% of terraced houses houses in Gateshead, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gateshead, and where 5 DEVON GARDENS lies on this distribution: 80% of terraced houses houses are smaller than 5 DEVON GARDENS, and 20% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

5 DEVON GARDENS: Plot and Title Map

5 DEVON GARDENS sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 5 DEVON 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 5 DEVON 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 5 DEVON GARDENS?

5 DEVON GARDENS is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 5 on DEVON GARDENS.