ELVASTON HOUSE, ELVASTON ROAD, RYTON, NE40 3NT - £255,000

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.

ELVASTON HOUSE is a large extended semi-detached house of 140m², built sometime between 1900 and 1929, which could now be worth an estimated £332,651. It was last sold for £255,000 in February 2016, which was around 93% above the average February 2016 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

ELVASTON HOUSE Sold Prices

Land registry data shows three sales for ELVASTON HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. All of the three ELVASTON HOUSE 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 12 FEB	£255,000	£132,296	93% above HPI
2006 13 OCT	£260,000	£133,194	95% above HPI
1999 15 APR	£113,500	£45,683	148% above HPI

ELVASTON HOUSE 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 three ELVASTON HOUSE sales between April 1999 and February 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 October 2006 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the February 2016 sale, where it falls to 93% above the HPI. The line then continues to track at 93% above the HPI.

What might ELVASTON HOUSE be worth now?

ELVASTON HOUSE might now be worth an estimated £332,651.

This is based on house price inflation of 30.5%, between February 2016 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 30.5% inflationary increase is applied to the most recent sale price for ELVASTON HOUSE of £255,000 on 12th February 2016. For the value to have increased from £255,000 to £332,651 over the nine years to February 2025, the following assumptions must hold true:

• The value of ELVASTON HOUSE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The February 2016 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of ELVASTON HOUSE has not materially changed since February 2016.

How Large is ELVASTON HOUSE?

ELVASTON HOUSE is 140m², which includes two extensions, according to the EPC inspection conducted in February 2015. This puts it in the largest 30% of semi-detached houses houses in Ryton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ryton, and where ELVASTON HOUSE lies on this distribution: 75% of semi-detached houses houses are smaller than ELVASTON HOUSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Ryton.

ELVASTON HOUSE: Plot and Title Map

ELVASTON HOUSE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of ELVASTON HOUSE, 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 ELVASTON HOUSE). 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 ELVASTON HOUSE?

ELVASTON HOUSE is located on ELVASTON ROAD in RYTON, in the NE40 postcode district. The below map shows the position of ELVASTON HOUSE on ELVASTON ROAD.