17, RAMSAY ROAD, CHOPWELL, NEWCASTLE UPON TYNE, NE17 7AG - £180,000

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.

17 RAMSAY ROAD is a small detached house of 82m², built sometime between 2003 and 2006, which could now be worth an estimated £248,641. It was last sold for £180,000 in August 2010, which was around 12% below the average August 2010 detached price in the Gateshead local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

17 RAMSAY ROAD Sold Prices

Land registry data shows three sales for 17 RAMSAY ROAD 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. Two of the three 17 RAMSAY ROAD sales were for below the average price, whilst one was 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
2010 26 AUG	£180,000	£203,430	12% below HPI
2008 4 APR	£124,000	£220,433	44% below HPI
2002 15 MAR	£104,000	£97,715	6% above HPI

17 RAMSAY ROAD 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 17 RAMSAY ROAD sales between March 2002 and August 2010 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 April 2008 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the August 2010 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 17 RAMSAY ROAD be worth now?

17 RAMSAY ROAD might now be worth an estimated £248,641.

This is based on house price inflation of 38.1%, between August 2010 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 38.1% inflationary increase is applied to the most recent sale price for 17 RAMSAY ROAD of £180,000 on 26th August 2010. For the value to have increased from £180,000 to £248,641 over the fifteen years and six months to February 2025, the following assumptions must hold true:

• The value of 17 RAMSAY ROAD has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The August 2010 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 17 RAMSAY ROAD has not materially changed since August 2010.

How Large is 17 RAMSAY ROAD?

17 RAMSAY ROAD is 82m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 40% of detached houses houses in Chopwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chopwell, and where 17 RAMSAY ROAD lies on this distribution: 38% of detached houses houses are smaller than 17 RAMSAY ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Chopwell.

17 RAMSAY ROAD: Plot and Title Map

17 RAMSAY ROAD sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 17 RAMSAY ROAD, 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 17 RAMSAY ROAD). 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 17 RAMSAY ROAD?

17 RAMSAY ROAD is located in CHOPWELL, in the NE17 postcode district. The below map shows the position of No. 17 on RAMSAY ROAD.