LARKSBRAE, SMAILES LANE, ROWLANDS GILL, NE39 1JQ - £270,000

LARKSBRAE is a midsized extended detached house of 146m², built sometime between 1900 and 1929. It was last sold for £270,000 in February 2016, which was around 23% above the average February 2016 detached price in the Gateshead local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

LARKSBRAE Sold Prices

Land registry data shows two sales for LARKSBRAE 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. One of the two LARKSBRAE sales was for above the average price, whilst the other was 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
2016 12 FEB	£270,000	£218,993	23% above HPI
1997 22 MAY	£50,500	£75,051	33% below HPI

LARKSBRAE 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 LARKSBRAE sales from May 1997 and February 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 May 1997 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2016 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is LARKSBRAE?

LARKSBRAE is 146m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 50% of detached houses in Rowlands Gill, based on EPC data. The below chart shows the distribution of detached houses by size in Rowlands Gill, and where LARKSBRAE lies on this distribution: 59% of detached houses are smaller than LARKSBRAE, and 41% of houses are larger. Note that EPC data is not available for all properties in Rowlands Gill.

LARKSBRAE: Plot and Title Map

LARKSBRAE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of LARKSBRAE, 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 LARKSBRAE). 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 LARKSBRAE?

LARKSBRAE is located on SMAILES LANE in ROWLANDS GILL, in the NE39 postcode district. The below map shows the position of LARKSBRAE on SMAILES LANE.