IRVINE HOUSE, BANK TOP, CRAWCROOK, RYTON, NE40 4EF - £249,000

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.

IRVINE HOUSE is a large extended detached house of 131m², built sometime between 1900 and 1929, which could now be worth an estimated £349,814. It was last sold for £249,000 in December 2009, which was around 24% above the average December 2009 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2009, where the current energy rating was F, and the potential energy rating was E.

IRVINE HOUSE Sold Prices

Land registry data shows two sales for IRVINE HOUSE 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 IRVINE 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
2009 22 DEC	£249,000	£200,022	24% above HPI
1996 12 JUL	£95,000	£70,534	35% above HPI

IRVINE HOUSE 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 IRVINE HOUSE sales from July 1996 and December 2009 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 July 1996 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the December 2009 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might IRVINE HOUSE be worth now?

IRVINE HOUSE might now be worth an estimated £349,814.

This is based on house price inflation of 40.5%, between December 2009 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 40.5% inflationary increase is applied to the most recent sale price for IRVINE HOUSE of £249,000 on 22nd December 2009. For the value to have increased from £249,000 to £349,814 over the sixteen years and ten months to February 2025, the following assumptions must hold true:

• The value of IRVINE HOUSE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The December 2009 sale price of £249,000 represented a fair market value for the property.
• The size, condition, and specification of IRVINE HOUSE has not materially changed since December 2009.

How Large is IRVINE HOUSE?

IRVINE HOUSE is 131m², which includes two extensions, according to the EPC inspection conducted in July 2009. This puts it in the largest 30% of detached houses houses in Crawcrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Crawcrook, and where IRVINE HOUSE lies on this distribution: 74% of detached houses houses are smaller than IRVINE HOUSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Crawcrook.

IRVINE HOUSE: Plot and Title Map

IRVINE HOUSE sits on a plot of roughly 0.174 of an acre, or 703m². The below map shows the location of IRVINE 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 IRVINE 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 IRVINE HOUSE?

IRVINE HOUSE is located on BANK TOP in CRAWCROOK, in the NE40 postcode district. The below map shows the position of IRVINE HOUSE on BANK TOP.