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
22 DERWENT WATER DRIVE is a very small detached house of 86m², built sometime from 2007 onwards. It was last sold for £230,000 in March 2020, which was about the average March 2020 detached price in the Gateshead local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 22 DERWENT WATER DRIVE since 1st 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. The three 22 DERWENT WATER DRIVE sales were a mix of roughly equal to the average price, and 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 |
---|---|---|---|
2020 27 MAR | £230,000 | £231,021 | Close to HPI |
2017 27 OCT | £220,000 | £231,142 | 5% below HPI |
2014 7 MAR | £199,950 | £205,077 | 3% below HPI |
The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The three 22 DERWENT WATER DRIVE sales between March 2014 and March 2020 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 2017 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2020 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
22 DERWENT WATER DRIVE is 86m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% of detached houses in Ryton, based on EPC data. The below chart shows the distribution of detached houses by size in Ryton, and where 22 DERWENT WATER DRIVE lies on this distribution: 20% of detached houses are smaller than 22 DERWENT WATER DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Ryton.
22 DERWENT WATER DRIVE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 22 DERWENT WATER DRIVE, 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 22 DERWENT WATER DRIVE). 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.
22 DERWENT WATER DRIVE is located in BLAYDON-ON-TYNE, in the NE21 postcode district. The below map shows the position of No. 22 on DERWENT WATER DRIVE.