59, GRANGE LANE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 5AH - £605,000

59 GRANGE LANE is a very large extended detached house of 242m², built sometime between 1900 and 1929. It was last sold for £605,000 in December 2019, which was around 164% above the average December 2019 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

59 GRANGE LANE Sold Prices

Land registry data shows two sales for 59 GRANGE LANE 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 59 GRANGE LANE 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
2019 6 DEC	£605,000	£228,941	164% above HPI
2016 15 APR	£377,500	£215,146	75% above HPI

59 GRANGE LANE 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 59 GRANGE LANE sales from April 2016 and December 2019 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 2016 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the December 2019 sale, where it rises to 164% above the HPI. The line then continues to track at 164% above the HPI.

How Large is 59 GRANGE LANE?

59 GRANGE LANE is 242m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 10% of detached houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses by size in Whickham, and where 59 GRANGE LANE lies on this distribution: 95% of detached houses are smaller than 59 GRANGE LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Whickham.

59 GRANGE LANE: Plot and Title Map

59 GRANGE LANE sits on a plot of roughly 0.221 of an acre, or 895m². The below map shows the location of 59 GRANGE LANE, 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 59 GRANGE LANE). 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 59 GRANGE LANE?

59 GRANGE LANE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 59 on GRANGE LANE.