GAVNA, WESTFIELD LANE, RYTON, NE40 3QE - £570,000

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

GAVNA is a very large extended detached house of 161m², built sometime between 1930 and 1949. It was last sold for £570,000 in December 2020, which was around 132% above the average December 2020 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was C.

GAVNA Sold Prices

Land registry data shows two sales for GAVNA 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 GAVNA 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 16 DEC	£570,000	£246,125	132% above HPI
2005 29 APR	£440,000	£186,740	136% above HPI

GAVNA 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 GAVNA sales from April 2005 and December 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 April 2005 sale was for 136% above the HPI. So the extrapolation line tracks at 136% above the HPI over time, until the December 2020 sale, where it falls to 132% above the HPI. The line then continues to track at 132% above the HPI.

How Large is GAVNA?

GAVNA is 161m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 20% of detached houses in Ryton, based on EPC data. The below chart shows the distribution of detached houses by size in Ryton, and where GAVNA lies on this distribution: 83% of detached houses are smaller than GAVNA, and 16% of houses are larger. Note that EPC data is not available for all properties in Ryton.

GAVNA: Plot and Title Map

GAVNA sits on a plot of roughly 0.299 of an acre, or 1,209m². The below map shows the location of GAVNA, 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 GAVNA). 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 GAVNA?

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