63, SILVERMERE DRIVE, RYTON, NE40 3HA - £286,000

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

63 SILVERMERE DRIVE is a midsized extended detached house of 116m², built sometime between 1991 and 1995. It was last sold for £286,000 in September 2021, which was around 12% above the average September 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

63 SILVERMERE DRIVE Sold Prices

Land registry data shows three sales for 63 SILVERMERE DRIVE 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 63 SILVERMERE DRIVE sales were 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
2021 7 SEP	£286,000	£256,172	12% above HPI
2001 15 JUN	£98,000	£94,253	4% above HPI
1996 27 SEP	£80,500	£75,609	6% above HPI

63 SILVERMERE DRIVE 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 63 SILVERMERE DRIVE sales between September 1996 and September 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 June 2001 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 63 SILVERMERE DRIVE?

63 SILVERMERE DRIVE is 116m², which includes three extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 50% of detached houses in Ryton, based on EPC data. The below chart shows the distribution of detached houses by size in Ryton, and where 63 SILVERMERE DRIVE lies on this distribution: 53% of detached houses are smaller than 63 SILVERMERE DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Ryton.

63 SILVERMERE DRIVE: Plot and Title Map

63 SILVERMERE DRIVE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 63 SILVERMERE DRIVE, 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 63 SILVERMERE DRIVE). 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 63 SILVERMERE DRIVE?

63 SILVERMERE DRIVE is located in RYTON, in the NE40 postcode district. The below map shows the position of No. 63 on SILVERMERE DRIVE.