16, LONG MEADOW CLOSE, RYTON, NE40 4TE - £238,000

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

16 LONG MEADOW CLOSE is a very small detached house of 70m², built sometime between 1991 and 1995. It was last sold for £238,000 in March 2021, which was around 4% below the average March 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

16 LONG MEADOW CLOSE Sold Prices

Land registry data shows three sales for 16 LONG MEADOW CLOSE 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 16 LONG MEADOW CLOSE 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
2021 11 MAR	£238,000	£248,445	4% below HPI
2000 13 DEC	£84,950	£91,345	7% below HPI
1997 30 JUN	£60,000	£74,668	20% below HPI

16 LONG MEADOW 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 three 16 LONG MEADOW CLOSE sales between June 1997 and March 2021 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 December 2000 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 16 LONG MEADOW CLOSE?

16 LONG MEADOW CLOSE is 70m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of detached houses in Crawcrook, based on EPC data. The below chart shows the distribution of detached houses by size in Crawcrook, and where 16 LONG MEADOW CLOSE lies on this distribution: 6% of detached houses are smaller than 16 LONG MEADOW CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Crawcrook.

16 LONG MEADOW CLOSE: Plot and Title Map

16 LONG MEADOW CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 16 LONG MEADOW 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 16 LONG MEADOW 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 16 LONG MEADOW CLOSE?

16 LONG MEADOW CLOSE is located in RYTON, in the NE40 postcode district. The below map shows the position of No. 16 on LONG MEADOW CLOSE.