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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 RINGLET CLOSE is a midsized detached house of 111m², built sometime between 1996 and 2002. It was last sold for £238,500 in June 2009, which was around 19% 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	£200,134	19% above HPI
2007 12 APR	£248,000	£214,785	15% above HPI
2000 21 DEC	£122,995	£91,345	35% 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 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2009 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

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 in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 10 RINGLET CLOSE lies on this distribution: 58% of detached 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.