27, THORP DRIVE, RYTON, NE40 3PA - £265,000

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

27 THORP DRIVE is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £265,000 in May 2022, which was around 1% below the average May 2022 detached price in the Gateshead local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

27 THORP DRIVE Sold Prices

Land registry data shows two sales for 27 THORP 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 27 THORP 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
2022 20 MAY	£265,000	£266,915	1% below HPI
2014 10 JAN	£195,000	£204,226	5% below HPI

27 THORP 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 27 THORP DRIVE sales from January 2014 and May 2022 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 January 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 27 THORP DRIVE?

27 THORP DRIVE is 66m² according to the EPC inspection conducted in June 2013. 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 27 THORP DRIVE lies on this distribution: 5% of detached houses are smaller than 27 THORP DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Ryton.

27 THORP DRIVE: Plot and Title Map

27 THORP DRIVE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 27 THORP 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 27 THORP 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 27 THORP DRIVE?

27 THORP DRIVE is located in RYTON, in the NE40 postcode district. The below map shows the position of No. 27 on THORP DRIVE.