PARK LODGE, STRATHMORE ROAD, ROWLANDS GILL, NE39 1HX - £367,000

PARK LODGE is a midsized extended detached house of 120m², built sometime between 1983 and 1990. It was last sold for £367,000 in February 2019, which was around 58% above the average February 2019 detached price in the Gateshead local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was C.

PARK LODGE Sold Prices

Land registry data shows two sales for PARK LODGE 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. Both of the two PARK LODGE 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 22 FEB	£367,000	£232,607	58% above HPI
1998 10 SEP	£131,000	£78,888	66% above HPI

PARK LODGE 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 PARK LODGE sales from September 1998 and February 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 September 1998 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the February 2019 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is PARK LODGE?

PARK LODGE is 120m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the smallest 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 PARK LODGE lies on this distribution: 43% of detached houses are smaller than PARK LODGE, and 57% of houses are larger. Note that EPC data is not available for all properties in Rowlands Gill.

PARK LODGE: Plot and Title Map

PARK LODGE sits on a plot of roughly 0.279 of an acre, or 1,130m². The below map shows the location of PARK LODGE, 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 PARK LODGE). 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 PARK LODGE?

PARK LODGE is located on STRATHMORE ROAD in ROWLANDS GILL, in the NE39 postcode district. The below map shows the position of PARK LODGE on STRATHMORE ROAD.