4, WATERMILL, RYTON, NE40 3RB - £195,000

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 WATERMILL is a very small detached house of 84m², built sometime between 1976 and 1982. It was last sold for £195,000 in October 2016, which was around 13% below the average October 2016 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

4 WATERMILL Sold Prices

Land registry data shows four sales for 4 WATERMILL 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. Most of the four 4 WATERMILL 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
2016 25 OCT	£195,000	£223,673	13% below HPI
2012 21 MAR	£150,000	£195,930	23% below HPI
2004 22 JUL	£175,000	£189,735	8% below HPI
1999 6 AUG	£86,000	£80,465	7% above HPI

4 WATERMILL 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 4 WATERMILL sales between August 1999 and October 2016 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 March 2012 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2016 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 4 WATERMILL?

4 WATERMILL is 84m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% of detached houses in Ryton, based on EPC data. The below chart shows the distribution of detached houses by size in Ryton, and where 4 WATERMILL lies on this distribution: 18% of detached houses are smaller than 4 WATERMILL, and 82% of houses are larger. Note that EPC data is not available for all properties in Ryton.

4 WATERMILL: Plot and Title Map

4 WATERMILL sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of 4 WATERMILL, 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 WATERMILL). 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 WATERMILL?

4 WATERMILL is located in RYTON, in the NE40 postcode district. The below map shows the position of No. 4 on WATERMILL.