THE GARRETT, ROCKCLIFFE WAY, EIGHTON BANKS, GATESHEAD, NE9 7XT - £162,560

THE GARRETT is a very small detached house of 77m², built sometime between 1950 and 1966. It was last sold for £162,560 in March 2023, which was around 41% below the average March 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

THE GARRETT Sold Prices

Land registry data shows two sales for THE GARRETT 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 GARRETT 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
2023 14 MAR	£162,560	£274,729	41% below HPI
2022 20 APR	£180,000	£265,406	32% below HPI

THE GARRETT 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 GARRETT sales from April 2022 and March 2023 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 April 2022 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2023 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is THE GARRETT?

THE GARRETT is 77m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 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 THE GARRETT lies on this distribution: 13% of detached houses are smaller than THE GARRETT, and 85% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

THE GARRETT: Plot and Title Map

THE GARRETT sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of THE GARRETT, 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 GARRETT). 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 GARRETT?

THE GARRETT is located on ROCKCLIFFE WAY in EIGHTON BANKS, in the NE9 postcode district. The below map shows the position of THE GARRETT on ROCKCLIFFE WAY.