5, CONWAY CLOSE, RYTON, NE40 3NZ - £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

5 CONWAY CLOSE is a very small extended detached house of 72m², built sometime between 1996 and 2002. It was last sold for £195,000 in May 2019, which was around 17% below the average May 2019 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

5 CONWAY CLOSE Sold Prices

Land registry data shows five sales for 5 CONWAY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Most of the five 5 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
2019 24 MAY	£195,000	£235,763	17% below HPI
2017 8 SEP	£215,000	£226,985	5% below HPI
2012 29 MAR	£200,000	£195,930	2% above HPI
2000 16 OCT	£87,950	£90,587	3% below HPI
1997 31 OCT	£69,995	£75,878	8% below HPI

5 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 five 5 CONWAY CLOSE sales between October 1997 and May 2019 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 2017 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2019 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 5 CONWAY CLOSE?

5 CONWAY CLOSE is 72m², which includes one extension, according to the EPC inspection conducted in March 2022. 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 5 CONWAY CLOSE lies on this distribution: 7% of detached houses are smaller than 5 CONWAY CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Ryton.

5 CONWAY CLOSE: Plot and Title Map

5 CONWAY CLOSE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 5 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 5 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 5 CONWAY CLOSE?

5 CONWAY CLOSE is located in RYTON, in the NE40 postcode district. The below map shows the position of No. 5 on CONWAY CLOSE.