11, RINGLET CLOSE, GATESHEAD, NE11 9NF - £217,000

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

11 RINGLET CLOSE is a large detached house of 116m², built sometime between 1996 and 2002. It was last sold for £217,000 in October 2009, which was around 7% above the average October 2009 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.

11 RINGLET CLOSE Sold Prices

Land registry data shows three sales for 11 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 11 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 27 OCT	£217,000	£203,458	7% above HPI
2006 31 MAR	£247,500	£203,176	22% above HPI
2001 23 MAR	£126,995	£92,605	37% above HPI

11 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 11 RINGLET CLOSE sales between March 2001 and October 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 March 2006 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the October 2009 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 11 RINGLET CLOSE?

11 RINGLET CLOSE is 116m² according to the EPC inspection conducted in January 2014. This puts it in the largest 40% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 11 RINGLET CLOSE lies on this distribution: 65% of detached houses are smaller than 11 RINGLET CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

11 RINGLET CLOSE: Plot and Title Map

11 RINGLET CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 11 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 11 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 11 RINGLET CLOSE?

11 RINGLET CLOSE is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 11 on RINGLET CLOSE.