23, BISHOPS DRIVE, RYTON, NE40 3NY - £187,000

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

23 BISHOPS DRIVE is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £187,000 in October 2019, which was around 20% below the average October 2019 detached price in the Gateshead local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

23 BISHOPS DRIVE Sold Prices

Land registry data shows two sales for 23 BISHOPS DRIVE 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 23 BISHOPS DRIVE 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
2019 25 OCT	£187,000	£233,229	20% below HPI
1998 2 OCT	£74,995	£79,920	6% below HPI

23 BISHOPS DRIVE 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 23 BISHOPS DRIVE sales from October 1998 and October 2019 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 1998 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 23 BISHOPS DRIVE?

23 BISHOPS DRIVE is 77m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses in Ryton, based on EPC data. The below chart shows the distribution of detached houses by size in Ryton, and where 23 BISHOPS DRIVE lies on this distribution: 10% of detached houses are smaller than 23 BISHOPS DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Ryton.

23 BISHOPS DRIVE: Plot and Title Map

23 BISHOPS DRIVE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 23 BISHOPS 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 23 BISHOPS 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.

Where is 23 BISHOPS DRIVE?

23 BISHOPS DRIVE is located in RYTON, in the NE40 postcode district. The below map shows the position of No. 23 on BISHOPS DRIVE.