THE CRONK, STRATHMORE ROAD, ROWLANDS GILL, NE39 1HX - £320,000

THE CRONK is a small extended detached house of 103m², built sometime between 1930 and 1949. It was last sold for £320,000 in May 2015, which was around 53% above the average May 2015 detached price in the Gateshead local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

THE CRONK Sold Prices

Land registry data shows two sales for THE CRONK 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 THE CRONK 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
2015 15 MAY	£320,000	£209,137	53% above HPI
2001 20 NOV	£130,000	£99,687	30% above HPI

THE CRONK 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 THE CRONK sales from November 2001 and May 2015 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 November 2001 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the May 2015 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is THE CRONK?

THE CRONK is 103m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the smallest 30% 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 THE CRONK lies on this distribution: 27% of detached houses are smaller than THE CRONK, and 73% of houses are larger. Note that EPC data is not available for all properties in Rowlands Gill.

THE CRONK: Plot and Title Map

THE CRONK sits on a plot of roughly 0.145 of an acre, or 586m². The below map shows the location of THE CRONK, 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 THE CRONK). 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 THE CRONK?

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