31, CONWAY CLOSE, RYTON, NE40 3NZ - £199,000

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

31 CONWAY CLOSE is a very small extended detached house of 71m², built sometime between 1991 and 1995. It was last sold for £199,000 in August 2021, which was around 21% below the average August 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

31 CONWAY CLOSE Sold Prices

Land registry data shows four sales for 31 CONWAY 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 31 CONWAY 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
2021 20 AUG	£199,000	£252,813	21% below HPI
2015 20 FEB	£163,000	£207,278	21% below HPI
2001 1 JUN	£89,950	£94,253	5% below HPI
1998 30 JAN	£72,995	£78,719	7% below HPI

31 CONWAY 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 31 CONWAY CLOSE sales between January 1998 and August 2021 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 February 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2021 sale, which was also at 21% below the HPI.

How Large is 31 CONWAY CLOSE?

31 CONWAY CLOSE is 71m², which includes one extension, according to the EPC inspection conducted in December 2014. 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 31 CONWAY CLOSE lies on this distribution: 6% of detached houses are smaller than 31 CONWAY CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Ryton.

31 CONWAY CLOSE: Plot and Title Map

31 CONWAY CLOSE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 31 CONWAY 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 31 CONWAY 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 31 CONWAY CLOSE?

31 CONWAY CLOSE is located in RYTON, in the NE40 postcode district. The below map shows the position of No. 31 on CONWAY CLOSE.