THE MAGNOLIAS, TAYLOR AVENUE, ROWLANDS GILL, NE39 1QA - £235,000

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.

THE MAGNOLIAS is a midsized extended semi-detached house of 121m², built sometime between 1900 and 1929, which could now be worth an estimated £258,022. It was last sold for £235,000 in September 2021, which was around 50% above the average September 2021 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

THE MAGNOLIAS Sold Prices

Land registry data shows three sales for THE MAGNOLIAS 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 THE MAGNOLIAS 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
2021 17 SEP	£235,000	£157,186	50% above HPI
2015 11 DEC	£235,000	£130,875	80% above HPI
2006 31 MAR	£135,000	£125,352	8% above HPI

THE MAGNOLIAS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gateshead local authority area over time, sourced from the HPI. The three THE MAGNOLIAS sales between March 2006 and September 2021 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 December 2015 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the September 2021 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might THE MAGNOLIAS be worth now?

THE MAGNOLIAS might now be worth an estimated £258,022.

This is based on house price inflation of 9.8%, between September 2021 and June 2025, 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 9.8% inflationary increase is applied to the most recent sale price for THE MAGNOLIAS of £235,000 on 17th September 2021. For the value to have increased from £235,000 to £258,022 over the four years and three months to June 2025, the following assumptions must hold true:

• The value of THE MAGNOLIAS has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The September 2021 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of THE MAGNOLIAS has not materially changed since September 2021.

How Large is THE MAGNOLIAS?

THE MAGNOLIAS is 121m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 50% of semi-detached houses houses in Rowlands Gill, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rowlands Gill, and where THE MAGNOLIAS lies on this distribution: 41% of semi-detached houses houses are smaller than THE MAGNOLIAS, and 59% of houses are larger. Note that EPC data is not available for all properties in Rowlands Gill.

THE MAGNOLIAS: Plot and Title Map

THE MAGNOLIAS sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of THE MAGNOLIAS, 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 MAGNOLIAS). 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 MAGNOLIAS?

THE MAGNOLIAS is located on TAYLOR AVENUE in ROWLANDS GILL, in the NE39 postcode district. The below map shows the position of THE MAGNOLIAS on TAYLOR AVENUE.