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

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.

12 THORP DRIVE is a small extended detached house of 99m², built sometime between 1983 and 1990, which could now be worth an estimated £394,020. It was last sold for £305,000 in February 2016, which was around 40% 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	£217,519	40% above HPI
2001 18 JUN	£140,000	£93,618	50% 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 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the February 2016 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 12 THORP DRIVE be worth now?

12 THORP DRIVE might now be worth an estimated £394,020.

This is based on house price inflation of 29.2%, between February 2016 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 29.2% inflationary increase is applied to the most recent sale price for 12 THORP DRIVE of £305,000 on 25th February 2016. For the value to have increased from £305,000 to £394,020 over the nine years to February 2025, the following assumptions must hold true:

• The value of 12 THORP DRIVE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The February 2016 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 12 THORP DRIVE has not materially changed since February 2016.

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 houses in Ryton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ryton, and where 12 THORP DRIVE lies on this distribution: 31% of detached houses 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.