1, KESTEL CLOSE, RYTON, NE40 3TN - £190,000

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 KESTEL CLOSE is a very small detached house of 44m², built sometime between 1976 and 1982. It was last sold for £190,000 in August 2011, which was around 7% below the average August 2011 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was B.

1 KESTEL CLOSE Sold Prices

Land registry data shows two sales for 1 KESTEL CLOSE 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 KESTEL CLOSE 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
2011 22 AUG	£190,000	£204,048	7% below HPI
2001 27 JUN	£55,000	£94,253	42% below HPI

1 KESTEL CLOSE 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 KESTEL CLOSE sales from June 2001 and August 2011 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 2001 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2011 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 1 KESTEL CLOSE?

1 KESTEL CLOSE is 44m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% 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 KESTEL CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 1 KESTEL CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Ryton.

1 KESTEL CLOSE: Plot and Title Map

1 KESTEL CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 1 KESTEL CLOSE, 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 KESTEL CLOSE). 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 KESTEL CLOSE?

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