10, RINGLET CLOSE, GATESHEAD, NE11 9NF - £238,500

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.

10 RINGLET CLOSE is a midsized detached house of 111m², built sometime between 1996 and 2002, which could now be worth an estimated £337,144. It was last sold for £238,500 in June 2009, which was around 20% above the average June 2009 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

10 RINGLET CLOSE Sold Prices

Land registry data shows three sales for 10 RINGLET CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the three 10 RINGLET CLOSE 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
2009 25 JUN	£238,500	£198,787	20% above HPI
2007 12 APR	£248,000	£213,339	16% above HPI
2000 21 DEC	£122,995	£90,730	36% above HPI

10 RINGLET 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 three 10 RINGLET CLOSE sales between December 2000 and June 2009 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 April 2007 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2009 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 10 RINGLET CLOSE be worth now?

10 RINGLET CLOSE might now be worth an estimated £337,144.

This is based on house price inflation of 41.4%, between June 2009 and February 2025, for 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 41.4% inflationary increase is applied to the most recent sale price for 10 RINGLET CLOSE of £238,500 on 25th June 2009. For the value to have increased from £238,500 to £337,144 over the sixteen years and four months to February 2025, the following assumptions must hold true:

• The value of 10 RINGLET CLOSE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The June 2009 sale price of £238,500 represented a fair market value for the property.
• The size, condition, and specification of 10 RINGLET CLOSE has not materially changed since June 2009.

How Large is 10 RINGLET CLOSE?

10 RINGLET CLOSE is 111m² according to the EPC inspection conducted in March 2009. This puts it in the largest 50% of detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gateshead, and where 10 RINGLET CLOSE lies on this distribution: 58% of detached houses houses are smaller than 10 RINGLET CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

10 RINGLET CLOSE: Plot and Title Map

10 RINGLET CLOSE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 10 RINGLET 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 10 RINGLET 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 10 RINGLET CLOSE?

10 RINGLET CLOSE is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 10 on RINGLET CLOSE.