71, OVETT GARDENS, GATESHEAD, NE8 3JH - £172,500

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.

71 OVETT GARDENS is a large semi-detached house of 123m², built sometime between 2003 and 2006, which could now be worth an estimated £222,229. It was last sold for £172,500 in December 2016, which was around 29% above the average December 2016 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

71 OVETT GARDENS Sold Prices

Land registry data shows two sales for 71 OVETT GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 71 OVETT 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
2016 21 DEC	£172,500	£133,965	29% above HPI
2006 30 JUN	£179,950	£130,254	38% above HPI

71 OVETT GARDENS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 71 OVETT GARDENS sales from June 2006 and December 2016 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 June 2006 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the December 2016 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 71 OVETT GARDENS be worth now?

71 OVETT GARDENS might now be worth an estimated £222,229.

This is based on house price inflation of 28.8%, between December 2016 and June 2025, for semi-detached 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 28.8% inflationary increase is applied to the most recent sale price for 71 OVETT GARDENS of £172,500 on 21st December 2016. For the value to have increased from £172,500 to £222,229 over the nine years and six months to June 2025, the following assumptions must hold true:

• The value of 71 OVETT GARDENS has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The December 2016 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of 71 OVETT GARDENS has not materially changed since December 2016.

How Large is 71 OVETT GARDENS?

71 OVETT GARDENS is 123m² according to the EPC inspection conducted in February 2022. This puts it in the largest 30% of semi-detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gateshead, and where 71 OVETT GARDENS lies on this distribution: 70% of semi-detached houses houses are smaller than 71 OVETT GARDENS, and 29% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

71 OVETT GARDENS: Plot and Title Map

71 OVETT GARDENS sits on a plot of roughly 0.032 of an acre, or 130m². The below map shows the location of 71 OVETT 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 71 OVETT 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 71 OVETT GARDENS?

71 OVETT GARDENS is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 71 on OVETT GARDENS.