9, RINGLET CLOSE, GATESHEAD, NE11 9NF - £249,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

9 RINGLET CLOSE is a midsized extended detached house of 109m², built sometime between 1996 and 2002. It was last sold for £249,950 in October 2016, which was around 12% above the average October 2016 detached price in the Gateshead local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

9 RINGLET CLOSE Sold Prices

Land registry data shows two sales for 9 RINGLET CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 9 RINGLET CLOSE 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
2016 18 OCT	£249,950	£223,673	12% above HPI
2001 16 MAR	£106,995	£92,605	16% above HPI

9 RINGLET 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 two 9 RINGLET CLOSE sales from March 2001 and October 2016 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 March 2001 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the October 2016 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 9 RINGLET CLOSE?

9 RINGLET CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 50% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 9 RINGLET CLOSE lies on this distribution: 55% of detached houses are smaller than 9 RINGLET CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

9 RINGLET CLOSE: Plot and Title Map

9 RINGLET CLOSE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 9 RINGLET 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 9 RINGLET 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 9 RINGLET CLOSE?

9 RINGLET CLOSE is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 9 on RINGLET CLOSE.