3, YOUNGHALL CLOSE, GREENSIDE, RYTON, NE40 4QG - £246,500

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.

3 YOUNGHALL CLOSE is a midsized extended detached house of 128m², built sometime between 1996 and 2002, which could now be worth an estimated £302,730. It was last sold for £246,500 in June 2018, which was around 8% above the average June 2018 detached price in the Gateshead local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

3 YOUNGHALL CLOSE Sold Prices

Land registry data shows four sales for 3 YOUNGHALL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the four 3 YOUNGHALL CLOSE sales were for above 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
2018 14 JUN	£246,500	£228,811	8% above HPI
2006 3 NOV	£245,000	£213,118	15% above HPI
2003 6 JUN	£180,000	£141,368	27% above HPI
2001 20 JUN	£115,000	£93,618	23% above HPI

3 YOUNGHALL 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 four 3 YOUNGHALL CLOSE sales between June 2001 and June 2018 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 November 2006 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2018 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 3 YOUNGHALL CLOSE be worth now?

3 YOUNGHALL CLOSE might now be worth an estimated £302,730.

This is based on house price inflation of 22.8%, between June 2018 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 22.8% inflationary increase is applied to the most recent sale price for 3 YOUNGHALL CLOSE of £246,500 on 14th June 2018. For the value to have increased from £246,500 to £302,730 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 3 YOUNGHALL CLOSE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The June 2018 sale price of £246,500 represented a fair market value for the property.
• The size, condition, and specification of 3 YOUNGHALL CLOSE has not materially changed since June 2018.

How Large is 3 YOUNGHALL CLOSE?

3 YOUNGHALL CLOSE is 128m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the smallest 50% of detached houses houses in Greenside, based on EPC data. The below chart shows the distribution of detached houses houses by size in Greenside, and where 3 YOUNGHALL CLOSE lies on this distribution: 44% of detached houses houses are smaller than 3 YOUNGHALL CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Greenside.

3 YOUNGHALL CLOSE: Plot and Title Map

3 YOUNGHALL CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 3 YOUNGHALL 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 YOUNGHALL 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 YOUNGHALL CLOSE?

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