28, RAVENSWORTH ROAD, GATESHEAD, NE11 9FJ - £235,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

28 RAVENSWORTH ROAD is a very small detached house of 82m², which could now be worth an estimated £244,731. It was last sold for £235,000 in June 2022, which was around 13% below the average June 2022 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2018, where the current energy rating was B, and the potential energy rating was A.

28 RAVENSWORTH ROAD Sold Prices

Land registry data shows two sales for 28 RAVENSWORTH ROAD 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 28 RAVENSWORTH ROAD 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 JUN	£235,000	£269,833	13% below HPI
2018 19 OCT	£194,995	£236,080	17% below HPI

28 RAVENSWORTH ROAD 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 28 RAVENSWORTH ROAD sales from October 2018 and June 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 October 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 28 RAVENSWORTH ROAD be worth now?

28 RAVENSWORTH ROAD might now be worth an estimated £244,731.

This is based on house price inflation of 4.1%, between June 2022 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 4.1% inflationary increase is applied to the most recent sale price for 28 RAVENSWORTH ROAD of £235,000 on 20th June 2022. For the value to have increased from £235,000 to £244,731 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 28 RAVENSWORTH ROAD has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The June 2022 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 28 RAVENSWORTH ROAD has not materially changed since June 2022.

How Large is 28 RAVENSWORTH ROAD?

28 RAVENSWORTH ROAD is 82m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gateshead, and where 28 RAVENSWORTH ROAD lies on this distribution: 19% of detached houses houses are smaller than 28 RAVENSWORTH ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

28 RAVENSWORTH ROAD: Plot and Title Map

28 RAVENSWORTH ROAD sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 28 RAVENSWORTH ROAD, 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 28 RAVENSWORTH ROAD). 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 28 RAVENSWORTH ROAD?

28 RAVENSWORTH ROAD is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 28 on RAVENSWORTH ROAD.