8, WALCHER GROVE, GATESHEAD, NE8 3FJ - £145,500

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.

8 WALCHER GROVE is a very small semi-detached house of 38m², which could now be worth an estimated £149,797. It was last sold for £145,500 in July 2022, which was around 13% below the average July 2022 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was B.

8 WALCHER GROVE Sold Prices

Land registry data shows two sales for 8 WALCHER GROVE 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. One of the two 8 WALCHER GROVE sales was for below the average price, whilst the other was 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
2022 15 JUL	£145,500	£167,634	13% below HPI
2008 17 DEC	£149,950	£125,929	19% above HPI

8 WALCHER GROVE 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 8 WALCHER GROVE sales from December 2008 and July 2022 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 2008 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the July 2022 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 8 WALCHER GROVE be worth now?

8 WALCHER GROVE might now be worth an estimated £149,797.

This is based on house price inflation of 3%, between July 2022 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 3% inflationary increase is applied to the most recent sale price for 8 WALCHER GROVE of £145,500 on 15th July 2022. For the value to have increased from £145,500 to £149,797 over the three years and one month to June 2025, the following assumptions must hold true:

• The value of 8 WALCHER GROVE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The July 2022 sale price of £145,500 represented a fair market value for the property.
• The size, condition, and specification of 8 WALCHER GROVE has not materially changed since July 2022.

How Large is 8 WALCHER GROVE?

8 WALCHER GROVE is 38m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% 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 8 WALCHER GROVE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 8 WALCHER GROVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

8 WALCHER GROVE: Plot and Title Map

8 WALCHER GROVE sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 8 WALCHER GROVE, 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 8 WALCHER GROVE). 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 8 WALCHER GROVE?

8 WALCHER GROVE is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 8 on WALCHER GROVE.