GREENHILL, BEECHWOOD AVENUE, RYTON, NE40 3LX - £275,000

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

GREENHILL is a small detached house of 87m², built sometime between 1950 and 1966. It was last sold for £275,000 in June 2022, which was around 1% above the average June 2022 detached price in the Gateshead local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

GREENHILL Sold Prices

Land registry data shows two sales for GREENHILL 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. One of the two GREENHILL sales was for above the average price, whilst the other was for below 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
2022 24 JUN	£275,000	£271,662	1% above HPI
2021 27 AUG	£180,000	£252,813	29% below HPI

GREENHILL 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 GREENHILL sales from August 2021 and June 2022 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 2021 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2022 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is GREENHILL?

GREENHILL is 87m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 30% of detached houses in Ryton, based on EPC data. The below chart shows the distribution of detached houses by size in Ryton, and where GREENHILL lies on this distribution: 20% of detached houses are smaller than GREENHILL, and 80% of houses are larger. Note that EPC data is not available for all properties in Ryton.

GREENHILL: Plot and Title Map

GREENHILL sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of GREENHILL, 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 GREENHILL). 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 GREENHILL?

GREENHILL is located on BEECHWOOD AVENUE in RYTON, in the NE40 postcode district. The below map shows the position of GREENHILL on BEECHWOOD AVENUE.