14, REEDSIDE, RYTON, NE40 3DB - £365,000

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

14 REEDSIDE is a midsized detached house of 121m², built sometime between 1983 and 1990. It was last sold for £365,000 in June 2022, which was around 34% above the average June 2022 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

14 REEDSIDE Sold Prices

Land registry data shows three sales for 14 REEDSIDE 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 14 REEDSIDE 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
2022 7 JUN	£365,000	£271,662	34% above HPI
2021 20 OCT	£400,000	£257,830	55% above HPI
1998 26 NOV	£142,500	£79,723	79% above HPI

14 REEDSIDE 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 14 REEDSIDE sales between November 1998 and June 2022 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 October 2021 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the June 2022 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 14 REEDSIDE?

14 REEDSIDE is 121m² according to the EPC inspection conducted in July 2021. This puts it in the largest 50% of detached houses in Ryton, based on EPC data. The below chart shows the distribution of detached houses by size in Ryton, and where 14 REEDSIDE lies on this distribution: 60% of detached houses are smaller than 14 REEDSIDE, and 40% of houses are larger. Note that EPC data is not available for all properties in Ryton.

14 REEDSIDE: Plot and Title Map

14 REEDSIDE sits on a plot of roughly 0.221 of an acre, or 895m². The below map shows the location of 14 REEDSIDE, 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 REEDSIDE). 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 REEDSIDE?

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