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

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

24 BISHOPS DRIVE is a small extended detached house of 96m², built sometime between 1996 and 2002, which could now be worth an estimated £282,094. 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	£229,113	Close to HPI
2016 8 AUG	£215,000	£224,633	4% below HPI
2011 11 MAR	£225,000	£198,491	13% above HPI
2003 22 AUG	£175,000	£155,952	12% above HPI
1998 27 NOV	£89,995	£79,187	14% 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 4% below the HPI. So the extrapolation line tracks at 4% 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.

What might 24 BISHOPS DRIVE be worth now?

24 BISHOPS DRIVE might now be worth an estimated £282,094.

This is based on house price inflation of 22.6%, between February 2020 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 22.6% inflationary increase is applied to the most recent sale price for 24 BISHOPS DRIVE of £230,000 on 21st February 2020. For the value to have increased from £230,000 to £282,094 over the five years to February 2025, the following assumptions must hold true:

• The value of 24 BISHOPS DRIVE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The February 2020 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 24 BISHOPS DRIVE has not materially changed since February 2020.

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 houses in Ryton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ryton, and where 24 BISHOPS DRIVE lies on this distribution: 29% of detached houses 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.