20, SHERIFFS CLOSE, FELLING, GATESHEAD, NE10 9TW - £125,000

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.

20 SHERIFFS CLOSE is a very small extended semi-detached house of 60m², built sometime between 1983 and 1990, which could now be worth an estimated £163,575. It was last sold for £125,000 in July 2020, which was around 11% below the average July 2020 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

20 SHERIFFS CLOSE Sold Prices

Land registry data shows three sales for 20 SHERIFFS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. All of the three 20 SHERIFFS CLOSE sales were 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
2020 24 JUL	£125,000	£141,233	11% below HPI
2012 19 OCT	£55,000	£121,736	55% below HPI
2005 25 JAN	£57,050	£114,599	50% below HPI

20 SHERIFFS CLOSE 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 three 20 SHERIFFS CLOSE sales between January 2005 and July 2020 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 October 2012 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the July 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 20 SHERIFFS CLOSE be worth now?

20 SHERIFFS CLOSE might now be worth an estimated £163,575.

This is based on house price inflation of 30.9%, between July 2020 and May 2026, 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 30.9% inflationary increase is applied to the most recent sale price for 20 SHERIFFS CLOSE of £125,000 on 24th July 2020. For the value to have increased from £125,000 to £163,575 over the six years and two months to May 2026, the following assumptions must hold true:

• The value of 20 SHERIFFS CLOSE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The July 2020 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 20 SHERIFFS CLOSE has not materially changed since July 2020.

How Large is 20 SHERIFFS CLOSE?

20 SHERIFFS CLOSE is 60m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of semi-detached houses in Gateshead, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Gateshead, and where 20 SHERIFFS CLOSE lies on this distribution: 6% of semi-detached houses are smaller than 20 SHERIFFS CLOSE, and 92% of semi-detached houses are larger. Note that EPC data is not available for all properties in Gateshead.

20 SHERIFFS CLOSE: Plot

20 SHERIFFS CLOSE sits on a plot of roughly 452.1 acres, or 1,829,569m².

Where is 20 SHERIFFS CLOSE?

20 SHERIFFS CLOSE is located in FELLING, in the NE10 postcode district. The below map shows the position of No. 20 on SHERIFFS CLOSE.