53, CORMORANT DRIVE, GATESHEAD, NE11 9LF - £182,000

53 CORMORANT DRIVE is a midsized detached house of 101m², built sometime between 1996 and 2002. It was last sold for £182,000 in March 2018, which was around 20% below the average March 2018 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

53 CORMORANT DRIVE Sold Prices

Land registry data shows three sales for 53 CORMORANT DRIVE 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 53 CORMORANT 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
2018 21 MAR	£182,000	£228,224	20% below HPI
2007 19 APR	£38,000	£214,785	82% below HPI
2002 28 JUN	£89,950	£111,024	19% below HPI

53 CORMORANT 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 three 53 CORMORANT DRIVE sales between June 2002 and March 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 April 2007 sale was for 82% below the HPI. So the extrapolation line tracks at 82% below the HPI over time, until the March 2018 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 53 CORMORANT DRIVE?

53 CORMORANT DRIVE is 101m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 50% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 53 CORMORANT DRIVE lies on this distribution: 46% of detached houses are smaller than 53 CORMORANT DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

53 CORMORANT DRIVE: Plot and Title Map

53 CORMORANT DRIVE sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 53 CORMORANT 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 53 CORMORANT 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 53 CORMORANT DRIVE?

53 CORMORANT DRIVE is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 53 on CORMORANT DRIVE.