BANK TOP COTTAGE, BANK TOP, CRAWCROOK, RYTON, NE40 4EF - £260,000

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.

BANK TOP COTTAGE is a midsized extended detached house of 113m², built sometime before 1900, which could now be worth an estimated £337,729. It was last sold for £260,000 in October 2015, which was around 20% above the average October 2015 detached price in the Gateshead local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was B.

BANK TOP COTTAGE Sold Prices

Land registry data shows two sales for BANK TOP COTTAGE 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 BANK TOP COTTAGE 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
2015 7 OCT	£260,000	£216,332	20% above HPI
2005 1 JUN	£220,000	£190,893	15% above HPI

BANK TOP COTTAGE 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 BANK TOP COTTAGE sales from June 2005 and October 2015 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 2005 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2015 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might BANK TOP COTTAGE be worth now?

BANK TOP COTTAGE might now be worth an estimated £337,729.

This is based on house price inflation of 29.9%, between October 2015 and February 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 29.9% inflationary increase is applied to the most recent sale price for BANK TOP COTTAGE of £260,000 on 7th October 2015. For the value to have increased from £260,000 to £337,729 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of BANK TOP COTTAGE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The October 2015 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of BANK TOP COTTAGE has not materially changed since October 2015.

How Large is BANK TOP COTTAGE?

BANK TOP COTTAGE is 113m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the smallest 50% of detached houses houses in Crawcrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Crawcrook, and where BANK TOP COTTAGE lies on this distribution: 46% of detached houses houses are smaller than BANK TOP COTTAGE, and 51% of houses are larger. Note that EPC data is not available for all properties in Crawcrook.

BANK TOP COTTAGE: Plot and Title Map

BANK TOP COTTAGE sits on a plot of roughly 0.188 of an acre, or 759m². The below map shows the location of BANK TOP COTTAGE, 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 BANK TOP COTTAGE). 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 BANK TOP COTTAGE?

BANK TOP COTTAGE is located on BANK TOP in CRAWCROOK, in the NE40 postcode district. The below map shows the position of BANK TOP COTTAGE on BANK TOP.