12, THORP DRIVE, RYTON, NE40 3PA - £305,000

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

12 THORP DRIVE is a small extended detached house of 99m², built sometime between 1983 and 1990. It was last sold for £305,000 in February 2016, which was around 39% above the average February 2016 detached price in the Gateshead local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

12 THORP DRIVE Sold Prices

Land registry data shows two sales for 12 THORP 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 12 THORP DRIVE 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
2016 25 FEB	£305,000	£218,993	39% above HPI
2001 18 JUN	£140,000	£94,253	49% above HPI

12 THORP 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 12 THORP DRIVE sales from June 2001 and February 2016 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 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the February 2016 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 12 THORP DRIVE?

12 THORP DRIVE is 99m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the smallest 40% of detached houses in Ryton, based on EPC data. The below chart shows the distribution of detached houses by size in Ryton, and where 12 THORP DRIVE lies on this distribution: 31% of detached houses are smaller than 12 THORP DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Ryton.

12 THORP DRIVE: Plot and Title Map

12 THORP DRIVE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 12 THORP 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 12 THORP 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 12 THORP DRIVE?

12 THORP DRIVE is located in RYTON, in the NE40 postcode district. The below map shows the position of No. 12 on THORP DRIVE.