6, SHAFTOE CLOSE, RYTON, NE40 4UT - £197,000

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

6 SHAFTOE CLOSE is a very small detached house of 73m², built sometime between 1976 and 1982. It was last sold for £197,000 in February 2021, which was around 19% below the average February 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

6 SHAFTOE CLOSE Sold Prices

Land registry data shows three sales for 6 SHAFTOE CLOSE 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. All of the three 6 SHAFTOE 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
2021 26 FEB	£197,000	£244,604	19% below HPI
2006 12 APR	£163,500	£200,879	19% below HPI
1996 14 NOV	£59,000	£73,637	20% below HPI

6 SHAFTOE 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 three 6 SHAFTOE CLOSE sales between November 1996 and February 2021 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 April 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2021 sale, which was also at 19% below the HPI.

How Large is 6 SHAFTOE CLOSE?

6 SHAFTOE CLOSE is 73m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses in Crawcrook, based on EPC data. The below chart shows the distribution of detached houses by size in Crawcrook, and where 6 SHAFTOE CLOSE lies on this distribution: 8% of detached houses are smaller than 6 SHAFTOE CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Crawcrook.

6 SHAFTOE CLOSE: Plot and Title Map

6 SHAFTOE CLOSE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 6 SHAFTOE 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 6 SHAFTOE 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 6 SHAFTOE CLOSE?

6 SHAFTOE CLOSE is located in RYTON, in the NE40 postcode district. The below map shows the position of No. 6 on SHAFTOE CLOSE.