1, BISHOPS DRIVE, RYTON, NE40 3NY - £231,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 BISHOPS DRIVE is a large extended detached house of 140m², built sometime between 1991 and 1995. It was last sold for £231,500 in November 2006, which was around 8% above the average November 2006 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

1 BISHOPS DRIVE Sold Prices

Land registry data shows four sales for 1 BISHOPS DRIVE 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. two of the four 1 BISHOPS DRIVE sales were for above the average price, and four 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
2006 10 NOV	£231,500	£214,562	8% above HPI
2004 28 JUL	£170,000	£189,735	10% below HPI
2001 1 MAY	£92,500	£93,598	1% below HPI
1998 18 DEC	£83,995	£79,231	6% above HPI

1 BISHOPS DRIVE 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 1 BISHOPS DRIVE sales between December 1998 and November 2006 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 July 2004 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2006 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 1 BISHOPS DRIVE?

1 BISHOPS DRIVE is 140m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 30% of detached houses in Ryton, based on EPC data. The below chart shows the distribution of detached houses by size in Ryton, and where 1 BISHOPS DRIVE lies on this distribution: 76% of detached houses are smaller than 1 BISHOPS DRIVE, and 24% of houses are larger. Note that EPC data is not available for all properties in Ryton.

1 BISHOPS DRIVE: Plot and Title Map

1 BISHOPS DRIVE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 1 BISHOPS DRIVE, 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 1 BISHOPS DRIVE). 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 1 BISHOPS DRIVE?

1 BISHOPS DRIVE is located in RYTON, in the NE40 postcode district. The below map shows the position of No. 1 on BISHOPS DRIVE.