5, WATERMILL, RYTON, NE40 3RB - £210,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 WATERMILL is a very small detached house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £261,741. It was last sold for £210,000 in September 2017, which was around 7% below the average September 2017 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

5 WATERMILL Sold Prices

Land registry data shows three sales for 5 WATERMILL 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 WATERMILL sales were for below the average price, whilst one was 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
2017 26 SEP	£210,000	£225,457	7% below HPI
2005 1 DEC	£187,000	£200,177	7% below HPI
1999 30 APR	£93,200	£79,426	17% above HPI

5 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 three 5 WATERMILL sales between April 1999 and September 2017 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 December 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2017 sale, which was also at 7% below the HPI.

What might 5 WATERMILL be worth now?

5 WATERMILL might now be worth an estimated £261,741.

This is based on house price inflation of 24.6%, between September 2017 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 24.6% inflationary increase is applied to the most recent sale price for 5 WATERMILL of £210,000 on 26th September 2017. For the value to have increased from £210,000 to £261,741 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 WATERMILL has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The September 2017 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WATERMILL has not materially changed since September 2017.

How Large is 5 WATERMILL?

5 WATERMILL is 78m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 20% of detached houses houses in Ryton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ryton, and where 5 WATERMILL lies on this distribution: 11% of detached houses houses are smaller than 5 WATERMILL, and 89% of houses are larger. Note that EPC data is not available for all properties in Ryton.

5 WATERMILL: Plot and Title Map

5 WATERMILL sits on a plot of roughly 0.176 of an acre, or 712m². The below map shows the location of 5 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 5 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 5 WATERMILL?

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