CALLALY, WESTFIELD LANE, RYTON, NE40 3QE - £322,500

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.

CALLALY is a large extended detached house of 148m², built sometime between 1967 and 1975, which could now be worth an estimated £383,180. It was last sold for £322,500 in August 2020, which was around 36% above the average August 2020 detached price in the Gateshead local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

CALLALY Sold Prices

Land registry data shows four sales for CALLALY 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 CALLALY 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
2020 26 AUG	£322,500	£236,506	36% above HPI
2005 6 JAN	£328,000	£188,459	74% above HPI
1999 12 NOV	£178,000	£84,742	110% above HPI
1997 27 JUN	£125,000	£74,165	69% above HPI

CALLALY 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 CALLALY sales between June 1997 and August 2020 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 January 2005 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the August 2020 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might CALLALY be worth now?

CALLALY might now be worth an estimated £383,180.

This is based on house price inflation of 18.8%, between August 2020 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 18.8% inflationary increase is applied to the most recent sale price for CALLALY of £322,500 on 26th August 2020. For the value to have increased from £322,500 to £383,180 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of CALLALY has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The August 2020 sale price of £322,500 represented a fair market value for the property.
• The size, condition, and specification of CALLALY has not materially changed since August 2020.

How Large is CALLALY?

CALLALY is 148m², which includes three extensions, according to the EPC inspection conducted in November 2019. This puts it in the largest 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 CALLALY lies on this distribution: 79% of detached houses houses are smaller than CALLALY, and 21% of houses are larger. Note that EPC data is not available for all properties in Ryton.

CALLALY: Plot and Title Map

CALLALY sits on a plot of roughly 0.178 of an acre, or 722m². The below map shows the location of CALLALY, 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 CALLALY). 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 CALLALY?

CALLALY is located on WESTFIELD LANE in RYTON, in the NE40 postcode district. The below map shows the position of CALLALY on WESTFIELD LANE.