8, THE MEADOWS, RYTON, NE40 3SB - £215,000

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

8 THE MEADOWS is a very small detached house of 54m², built sometime between 1976 and 1982. It was last sold for £215,000 in December 2022, which was around 22% below the average December 2022 detached price in the Gateshead local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

8 THE MEADOWS Sold Prices

Land registry data shows four sales for 8 THE MEADOWS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the four 8 THE MEADOWS 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
2022 1 DEC	£215,000	£276,577	22% below HPI
2018 12 APR	£2,000	£230,459	99% below HPI
2004 29 OCT	£144,000	£193,845	26% below HPI
2002 7 JUN	£107,570	£111,024	3% below HPI

8 THE MEADOWS 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 four 8 THE MEADOWS sales between June 2002 and December 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 April 2018 sale was for 99% below the HPI. So the extrapolation line tracks at 99% below the HPI over time, until the December 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 8 THE MEADOWS?

8 THE MEADOWS is 54m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of detached houses in Ryton, based on EPC data. The below chart shows the distribution of detached houses by size in Ryton, and where 8 THE MEADOWS lies on this distribution: 2% of detached houses are smaller than 8 THE MEADOWS, and 98% of houses are larger. Note that EPC data is not available for all properties in Ryton.

8 THE MEADOWS: Plot and Title Map

8 THE MEADOWS sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 8 THE MEADOWS, 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 8 THE MEADOWS). 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 8 THE MEADOWS?

8 THE MEADOWS is located in RYTON, in the NE40 postcode district. The below map shows the position of No. 8 on THE MEADOWS.