DUNVEGAN, DYKE HEADS LANE, GREENSIDE, RYTON, NE40 4QQ - £320,000

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.

DUNVEGAN is a small semi-detached house of 122m², built sometime between 1930 and 1949, which could now be worth an estimated £370,815. It was last sold for £320,000 in February 2021, which was around 115% above the average February 2021 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

DUNVEGAN Sold Prices

Land registry data shows two sales for DUNVEGAN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. Both of the two DUNVEGAN 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
2021 26 FEB	£320,000	£148,932	115% above HPI
2019 8 AUG	£210,000	£143,283	47% above HPI

DUNVEGAN Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gateshead local authority area over time, sourced from the HPI. The two DUNVEGAN sales from August 2019 and February 2021 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 August 2019 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the February 2021 sale, where it rises to 115% above the HPI. The line then continues to track at 115% above the HPI.

What might DUNVEGAN be worth now?

DUNVEGAN might now be worth an estimated £370,815.

This is based on house price inflation of 15.9%, between February 2021 and February 2025, for semi-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 15.9% inflationary increase is applied to the most recent sale price for DUNVEGAN of £320,000 on 26th February 2021. For the value to have increased from £320,000 to £370,815 over the four years to February 2025, the following assumptions must hold true:

• The value of DUNVEGAN has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The February 2021 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of DUNVEGAN has not materially changed since February 2021.

How Large is DUNVEGAN?

DUNVEGAN is 122m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 40% of semi-detached houses houses in Greenside, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Greenside, and where DUNVEGAN lies on this distribution: 39% of semi-detached houses houses are smaller than DUNVEGAN, and 61% of houses are larger. Note that EPC data is not available for all properties in Greenside.

DUNVEGAN: Plot and Title Map

DUNVEGAN sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of DUNVEGAN, 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 DUNVEGAN). 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 DUNVEGAN?

DUNVEGAN is located on DYKE HEADS LANE in GREENSIDE, in the NE40 postcode district. The below map shows the position of DUNVEGAN on DYKE HEADS LANE.