7, GRANGE VIEW, RYTON, NE40 3LL - £165,000

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.

7 GRANGE VIEW is a small detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £237,817. It was last sold for £165,000 in July 2011, which was around 16% below the average July 2011 detached price in the Gateshead local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

7 GRANGE VIEW Sold Prices

Land registry data shows five sales for 7 GRANGE VIEW since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the five 7 GRANGE VIEW 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
2011 8 JUL	£165,000	£196,762	16% below HPI
2007 19 SEP	£219,950	£227,037	3% below HPI
2005 21 JUL	£190,000	£199,541	5% below HPI
2001 26 JAN	£87,000	£89,933	3% below HPI
1998 28 AUG	£76,000	£77,676	2% below HPI

7 GRANGE VIEW 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 five 7 GRANGE VIEW sales between August 1998 and July 2011 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 2007 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2011 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 7 GRANGE VIEW be worth now?

7 GRANGE VIEW might now be worth an estimated £237,817.

This is based on house price inflation of 44.1%, between July 2011 and March 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 44.1% inflationary increase is applied to the most recent sale price for 7 GRANGE VIEW of £165,000 on 8th July 2011. For the value to have increased from £165,000 to £237,817 over the fourteen years and four months to March 2025, the following assumptions must hold true:

• The value of 7 GRANGE VIEW has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The July 2011 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GRANGE VIEW has not materially changed since July 2011.

How Large is 7 GRANGE VIEW?

7 GRANGE VIEW is 90m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 30% 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 7 GRANGE VIEW lies on this distribution: 23% of detached houses houses are smaller than 7 GRANGE VIEW, and 77% of houses are larger. Note that EPC data is not available for all properties in Ryton.

7 GRANGE VIEW: Plot and Title Map

7 GRANGE VIEW sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 7 GRANGE VIEW, 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 7 GRANGE VIEW). 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 7 GRANGE VIEW?

7 GRANGE VIEW is located in RYTON, in the NE40 postcode district. The below map shows the position of No. 7 on GRANGE VIEW.