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

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

BANK TOP COTTAGE is a midsized extended detached house of 113m², built sometime before 1900. It was last sold for £260,000 in October 2015, which was around 19% 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	£217,798	19% above HPI
2005 1 JUN	£220,000	£192,187	14% 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 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 2015 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

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 in Crawcrook, based on EPC data. The below chart shows the distribution of detached houses by size in Crawcrook, and where BANK TOP COTTAGE lies on this distribution: 46% of detached houses are smaller than BANK TOP COTTAGE, and 52% 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.