1, ELMTREE DRIVE, GREENSIDE, RYTON, NE40 4LR - £207,000

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 ELMTREE DRIVE is a midsized extended detached house of 124m², built sometime between 1996 and 2002. It was last sold for £207,000 in March 2020, which was around 10% below the average March 2020 detached price in the Gateshead local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

1 ELMTREE DRIVE Sold Prices

Land registry data shows two sales for 1 ELMTREE DRIVE 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 1 ELMTREE DRIVE 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
2020 23 MAR	£207,000	£231,021	10% below HPI
2002 18 OCT	£109,000	£117,864	8% below HPI

1 ELMTREE 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 two 1 ELMTREE DRIVE sales from October 2002 and March 2020 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 October 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2020 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 1 ELMTREE DRIVE?

1 ELMTREE DRIVE is 124m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 50% of detached houses in Greenside, based on EPC data. The below chart shows the distribution of detached houses by size in Greenside, and where 1 ELMTREE DRIVE lies on this distribution: 41% of detached houses are smaller than 1 ELMTREE DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Greenside.

1 ELMTREE DRIVE: Plot and Title Map

1 ELMTREE DRIVE sits on a plot of roughly 0.883 of an acre, or 3,573m². The below map shows the location of 1 ELMTREE 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 ELMTREE 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 ELMTREE DRIVE?

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