SUE LYN, LINGEY LANE, GATESHEAD, NE10 8BR - £125,000

SUE LYN is a very large extended semi-detached house of 166m², built sometime between 1950 and 1966. It was last sold for £125,000 in December 2014, which was around 41% below the average December 2014 detached price in the Gateshead local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was C.

SUE LYN Sold Prices

Land registry data shows two sales for SUE LYN 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 SUE LYN 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
2014 23 DEC	£125,000	£211,403	41% below HPI
2003 3 OCT	£138,000	£155,805	11% below HPI

SUE LYN 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 SUE LYN sales from October 2003 and December 2014 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 2003 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2014 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is SUE LYN?

SUE LYN is 166m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the largest 20% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where SUE LYN lies on this distribution: 90% of detached houses are smaller than SUE LYN, and 10% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

SUE LYN: Plot and Title Map

SUE LYN sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of SUE LYN, 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 SUE LYN). 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 SUE LYN?

SUE LYN is located on LINGEY LANE in GATESHEAD, in the NE10 postcode district. The below map shows the position of SUE LYN on LINGEY LANE.