11A, BISHOPS DRIVE, RYTON, NE40 3NY - £145,000

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

11A BISHOPS DRIVE is a small detached house of 94m², built sometime between 1996 and 2002. It was last sold for £145,000 in October 2003, which was around 7% below the average October 2003 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

11A BISHOPS DRIVE Sold Prices

Land registry data shows two sales for 11A BISHOPS 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 11A BISHOPS 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
2003 3 OCT	£145,000	£155,805	7% below HPI
1997 19 SEP	£69,995	£78,254	11% below HPI

11A BISHOPS 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 11A BISHOPS DRIVE sales from September 1997 and October 2003 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 September 1997 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2003 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 11A BISHOPS DRIVE?

11A BISHOPS DRIVE is 94m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 30% of detached houses in Ryton, based on EPC data. The below chart shows the distribution of detached houses by size in Ryton, and where 11A BISHOPS DRIVE lies on this distribution: 27% of detached houses are smaller than 11A BISHOPS DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Ryton.

11A BISHOPS DRIVE: Plot and Title Map

11A BISHOPS DRIVE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 11A BISHOPS 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 11A BISHOPS 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 11A BISHOPS DRIVE?

11A BISHOPS DRIVE is located in RYTON, in the NE40 postcode district. The below map shows the position of No. 11A on BISHOPS DRIVE.