5, GREENFIELD PLACE, RYTON, NE40 3LY - £300,000

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 GREENFIELD PLACE is a small extended detached house of 99m², built sometime between 1900 and 1929. It was last sold for £300,000 in November 2023, which was around 8% above the average November 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

5 GREENFIELD PLACE Sold Prices

Land registry data shows four sales for 5 GREENFIELD PLACE 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 5 GREENFIELD PLACE 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
2023 29 NOV	£300,000	£278,041	8% above HPI
2018 10 AUG	£225,000	£236,173	5% below HPI
2004 10 SEP	£169,950	£196,072	13% below HPI
2003 26 SEP	£110,000	£157,194	30% below HPI

5 GREENFIELD PLACE 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 5 GREENFIELD PLACE sales between September 2003 and November 2023 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 August 2018 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2023 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 5 GREENFIELD PLACE?

5 GREENFIELD PLACE is 99m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% 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 GREENFIELD PLACE lies on this distribution: 32% of detached houses are smaller than 5 GREENFIELD PLACE, and 67% of houses are larger. Note that EPC data is not available for all properties in Ryton.

5 GREENFIELD PLACE: Plot and Title Map

5 GREENFIELD PLACE sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 5 GREENFIELD PLACE, 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 GREENFIELD PLACE). 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 GREENFIELD PLACE?

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