WESTOE, WHICKHAM HIGHWAY, GATESHEAD, NE11 9QH - £330,000

WESTOE is a large extended detached house of 125m², built sometime between 1950 and 1966. It was last sold for £330,000 in September 2022, which was around 19% above the average September 2022 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

WESTOE Sold Prices

Land registry data shows four sales for WESTOE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the four WESTOE 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
2022 26 SEP	£330,000	£277,173	19% above HPI
2000 23 JUN	£165,000	£84,679	95% above HPI
1997 27 JUN	£85,000	£74,668	14% above HPI
1995 15 DEC	£135,000	£70,734	91% above HPI

WESTOE 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 four WESTOE sales between December 1995 and September 2022 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 June 2000 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the September 2022 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is WESTOE?

WESTOE is 125m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 30% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where WESTOE lies on this distribution: 74% of detached houses are smaller than WESTOE, and 26% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

WESTOE: Plot and Title Map

WESTOE sits on a plot of roughly 0.133 of an acre, or 537m². The below map shows the location of WESTOE, 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 WESTOE). 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 WESTOE?

WESTOE is located on WHICKHAM HIGHWAY in GATESHEAD, in the NE11 postcode district. The below map shows the position of WESTOE on WHICKHAM HIGHWAY.