3, SOUTH CLOSE, RYTON, NE40 3LW - £155,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 SOUTH CLOSE is a small semi-detached house of 93m², built sometime between 1950 and 1966. It was last sold for £155,000 in April 2004, which was around 9% below the average April 2004 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

3 SOUTH CLOSE Sold Prices

Land registry data shows two sales for 3 SOUTH CLOSE 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 3 SOUTH CLOSE 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
2004 23 APR	£155,000	£170,755	9% below HPI
2001 27 SEP	£89,950	£98,871	9% below HPI

3 SOUTH CLOSE 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 3 SOUTH CLOSE sales from September 2001 and April 2004 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 September 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2004 sale, which was also at 9% below the HPI.

How Large is 3 SOUTH CLOSE?

3 SOUTH CLOSE is 93m² according to the EPC inspection conducted in July 2015. 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 3 SOUTH CLOSE lies on this distribution: 26% of detached houses are smaller than 3 SOUTH CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Ryton.

3 SOUTH CLOSE: Plot and Title Map

3 SOUTH CLOSE sits on a plot of roughly 0.067 of an acre, or 269m². The below map shows the location of 3 SOUTH CLOSE, 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 3 SOUTH CLOSE). 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 3 SOUTH CLOSE?

3 SOUTH CLOSE is located in RYTON, in the NE40 postcode district. The below map shows the position of No. 3 on SOUTH CLOSE.