17, RINGLET CLOSE, GATESHEAD, NE11 9NF - £200,000

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

17 RINGLET CLOSE is a small detached house of 95m², built sometime between 1996 and 2002. It was last sold for £200,000 in April 2009, which was around 3% above the average April 2009 detached price in the Gateshead local authority area. The most recent EPC inspection was December 2008, where the current energy rating was D, and the potential energy rating was C.

17 RINGLET CLOSE Sold Prices

Land registry data shows two sales for 17 RINGLET CLOSE 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 17 RINGLET 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
2009 9 APR	£200,000	£193,983	3% above HPI
2001 28 FEB	£105,995	£91,846	15% above HPI

17 RINGLET 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 two 17 RINGLET CLOSE sales from February 2001 and April 2009 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 February 2001 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the April 2009 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 17 RINGLET CLOSE be worth now?

17 RINGLET CLOSE might now be worth an estimated £295,000.

This is based on house price inflation of 47.5%, between April 2009 and December 2024, 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 47.5% inflationary increase is applied to the most recent sale price for 17 RINGLET CLOSE of £200,000 on 9th April 2009. For the value to have increased from £200,000 to £295,000 over the fourteen years and four months to December 2024, the following assumptions must hold true:

• The value of 17 RINGLET CLOSE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The April 2009 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 17 RINGLET CLOSE has not materially changed since April 2009.

How Large is 17 RINGLET CLOSE?

17 RINGLET CLOSE is 95m² according to the EPC inspection conducted in December 2008. This puts it in the smallest 40% of detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gateshead, and where 17 RINGLET CLOSE lies on this distribution: 37% of detached houses houses are smaller than 17 RINGLET CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

17 RINGLET CLOSE: Plot and Title Map

17 RINGLET CLOSE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 17 RINGLET 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 17 RINGLET 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 17 RINGLET CLOSE?

17 RINGLET CLOSE is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 17 on RINGLET CLOSE.