14, LESLIE CLOSE, RYTON, NE40 3NQ - £225,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

14 LESLIE CLOSE is a small detached house of 99m², built sometime between 1996 and 2002, which could now be worth an estimated £282,480. It was last sold for £225,000 in July 2007, which was around 1% above the average July 2007 detached price in the Gateshead local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

14 LESLIE CLOSE Sold Prices

Land registry data shows four sales for 14 LESLIE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the four 14 LESLIE 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
2007 25 JUL	£225,000	£223,826	1% above HPI
2006 16 JUN	£227,500	£207,666	10% above HPI
2005 15 APR	£194,000	£185,483	5% above HPI
1998 28 AUG	£88,995	£77,676	15% above HPI

14 LESLIE 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 four 14 LESLIE CLOSE sales between August 1998 and July 2007 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 2006 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2007 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 14 LESLIE CLOSE be worth now?

14 LESLIE CLOSE might now be worth an estimated £282,480.

This is based on house price inflation of 25.5%, between July 2007 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 25.5% inflationary increase is applied to the most recent sale price for 14 LESLIE CLOSE of £225,000 on 25th July 2007. For the value to have increased from £225,000 to £282,480 over the eighteen years and five months to February 2025, the following assumptions must hold true:

• The value of 14 LESLIE CLOSE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The July 2007 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 14 LESLIE CLOSE has not materially changed since July 2007.

How Large is 14 LESLIE CLOSE?

14 LESLIE CLOSE is 99m² according to the EPC inspection conducted in June 2015. 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 14 LESLIE CLOSE lies on this distribution: 31% of detached houses houses are smaller than 14 LESLIE CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Ryton.

14 LESLIE CLOSE: Plot and Title Map

14 LESLIE CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 14 LESLIE 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 14 LESLIE 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 14 LESLIE CLOSE?

14 LESLIE CLOSE is located in RYTON, in the NE40 postcode district. The below map shows the position of No. 14 on LESLIE CLOSE.