5, LAUREL WAY, RYTON, NE40 4XW - £278,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 LAUREL WAY is a very small detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £286,932. It was last sold for £278,000 in August 2022, which was around 2% above the average August 2022 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

5 LAUREL WAY Sold Prices

Land registry data shows three sales for 5 LAUREL WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Two of the three 5 LAUREL WAY sales were for above the average price, whilst one was 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
2022 22 AUG	£278,000	£272,258	2% above HPI
2015 9 SEP	£205,000	£216,932	6% below HPI
2000 11 FEB	£88,000	£84,959	4% above HPI

5 LAUREL WAY 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 three 5 LAUREL WAY sales between February 2000 and August 2022 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 2015 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2022 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 5 LAUREL WAY be worth now?

5 LAUREL WAY might now be worth an estimated £286,932.

This is based on house price inflation of 3.2%, between August 2022 and February 2025, for detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.2% inflationary increase is applied to the most recent sale price for 5 LAUREL WAY of £278,000 on 22nd August 2022. For the value to have increased from £278,000 to £286,932 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 5 LAUREL WAY has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The August 2022 sale price of £278,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LAUREL WAY has not materially changed since August 2022.

How Large is 5 LAUREL WAY?

5 LAUREL WAY is 74m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses houses in Crawcrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Crawcrook, and where 5 LAUREL WAY lies on this distribution: 9% of detached houses houses are smaller than 5 LAUREL WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Crawcrook.

5 LAUREL WAY: Plot and Title Map

5 LAUREL WAY sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 5 LAUREL WAY, 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 LAUREL WAY). 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 LAUREL WAY?

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