4, HEATHFIELD FARM, GREENSIDE, RYTON, NE40 4JA - £149,000

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

4 HEATHFIELD FARM is a very large extended detached house of 252m², built sometime between 1996 and 2002. It was last sold for £149,000 in April 1998, which was around 88% above the average April 1998 detached price in the Gateshead local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

4 HEATHFIELD FARM Sold Prices

Land registry data shows two sales for 4 HEATHFIELD FARM 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 4 HEATHFIELD FARM 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
1998 7 APR	£149,000	£79,081	88% above HPI
1996 24 MAY	£125,000	£70,900	76% above HPI

4 HEATHFIELD FARM 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 4 HEATHFIELD FARM sales from May 1996 and April 1998 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 May 1996 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the April 1998 sale, where it rises to 88% above the HPI. The line then continues to track at 88% above the HPI.

How Large is 4 HEATHFIELD FARM?

4 HEATHFIELD FARM is 252m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 10% of detached houses in Greenside, based on EPC data. The below chart shows the distribution of detached houses by size in Greenside, and where 4 HEATHFIELD FARM lies on this distribution: 96% of detached houses are smaller than 4 HEATHFIELD FARM, and 4% of houses are larger. Note that EPC data is not available for all properties in Greenside.

4 HEATHFIELD FARM: Plot and Title Map

4 HEATHFIELD FARM sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 4 HEATHFIELD FARM, 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 4 HEATHFIELD FARM). 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 4 HEATHFIELD FARM?

4 HEATHFIELD FARM is located in GREENSIDE, in the NE40 postcode district. The below map shows the position of No. 4 on HEATHFIELD FARM.