6, WATER MILL PARK, GATESHEAD, NE10 9DW - £135,000

6 WATER MILL PARK is a very small detached house of 73m², built sometime between 1996 and 2002. It was last sold for £135,000 in September 2010, which was around 35% below the average September 2010 detached price in the Gateshead local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

6 WATER MILL PARK Sold Prices

Land registry data shows three sales for 6 WATER MILL PARK 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 6 WATER MILL PARK 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
2010 30 SEP	£135,000	£207,393	35% below HPI
2009 2 DEC	£128,000	£201,378	36% below HPI
2001 25 MAY	£78,950	£93,598	16% below HPI

6 WATER MILL PARK 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 6 WATER MILL PARK sales between May 2001 and September 2010 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 2009 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2010 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 6 WATER MILL PARK?

6 WATER MILL PARK is 73m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 20% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 6 WATER MILL PARK lies on this distribution: 10% of detached houses are smaller than 6 WATER MILL PARK, and 90% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

6 WATER MILL PARK: Plot and Title Map

6 WATER MILL PARK sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 6 WATER MILL PARK, 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 6 WATER MILL PARK). 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 6 WATER MILL PARK?

6 WATER MILL PARK is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 6 on WATER MILL PARK.