24, BISHOPS DRIVE, RYTON, NE40 3NY - £230,000

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

24 BISHOPS DRIVE is a small extended detached house of 96m², built sometime between 1996 and 2002. It was last sold for £230,000 in February 2020, which was about the average February 2020 detached price in the Gateshead local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

24 BISHOPS DRIVE Sold Prices

Land registry data shows five sales for 24 BISHOPS DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. The five 24 BISHOPS DRIVE sales were a mix of roughly equal to the average price, above 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 21 FEB	£230,000	£230,666	Close to HPI
2016 8 AUG	£215,000	£226,155	5% below HPI
2011 11 MAR	£225,000	£199,836	13% above HPI
2003 22 AUG	£175,000	£157,008	11% above HPI
1998 27 NOV	£89,995	£79,723	13% above HPI

24 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 five 24 BISHOPS DRIVE sales between November 1998 and February 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 August 2016 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2020 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 24 BISHOPS DRIVE?

24 BISHOPS DRIVE is 96m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the smallest 30% of detached houses in Ryton, based on EPC data. The below chart shows the distribution of detached houses by size in Ryton, and where 24 BISHOPS DRIVE lies on this distribution: 29% of detached houses are smaller than 24 BISHOPS DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Ryton.

24 BISHOPS DRIVE: Plot and Title Map

24 BISHOPS DRIVE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 24 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 24 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 24 BISHOPS DRIVE?

24 BISHOPS DRIVE is located in RYTON, in the NE40 postcode district. The below map shows the position of No. 24 on BISHOPS DRIVE.