7, SHOTLEY GARDENS, GATESHEAD, NE9 5DP - £220,500

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.

7 SHOTLEY GARDENS is a small extended terraced house of 92m², built sometime between 1930 and 1949, which could now be worth an estimated £275,410. It was last sold for £220,500 in April 2019, which was around 91% above the average April 2019 terraced price in the Gateshead local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

7 SHOTLEY GARDENS Sold Prices

Land registry data shows six sales for 7 SHOTLEY GARDENS since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Gateshead local authority area for the corresponding sale date. All of the six 7 SHOTLEY 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
2019 29 APR	£220,500	£115,226	91% above HPI
2016 4 JUL	£218,000	£115,722	88% above HPI
2002 22 NOV	£125,000	£53,872	132% above HPI
2001 23 NOV	£110,000	£43,949	150% above HPI
2000 24 NOV	£94,000	£39,786	136% above HPI
1998 25 SEP	£59,500	£35,998	65% above HPI

7 SHOTLEY 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 six 7 SHOTLEY GARDENS sales between September 1998 and April 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 July 2016 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the April 2019 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

What might 7 SHOTLEY GARDENS be worth now?

7 SHOTLEY GARDENS might now be worth an estimated £275,410.

This is based on house price inflation of 24.9%, between April 2019 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 24.9% inflationary increase is applied to the most recent sale price for 7 SHOTLEY GARDENS of £220,500 on 29th April 2019. For the value to have increased from £220,500 to £275,410 over the five years and ten months to June 2025, the following assumptions must hold true:

• The value of 7 SHOTLEY GARDENS has moved in line with the HPI for terraced houses in the Gateshead local authority area.
• The April 2019 sale price of £220,500 represented a fair market value for the property.
• The size, condition, and specification of 7 SHOTLEY GARDENS has not materially changed since April 2019.

How Large is 7 SHOTLEY GARDENS?

7 SHOTLEY GARDENS is 92m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 40% 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 7 SHOTLEY GARDENS lies on this distribution: 32% of terraced houses houses are smaller than 7 SHOTLEY GARDENS, and 66% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

7 SHOTLEY GARDENS: Plot and Title Map

7 SHOTLEY GARDENS sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 7 SHOTLEY 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 7 SHOTLEY 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 7 SHOTLEY GARDENS?

7 SHOTLEY GARDENS is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 7 on SHOTLEY GARDENS.