IVY COTTAGE, BANK TOP, CRAWCROOK, RYTON, NE40 4EF - £50,000

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

IVY COTTAGE is a midsized extended detached house of 110m², built sometime before 1900. It was last sold for £50,000 in March 2006, which was around 75% below the average March 2006 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was E.

IVY COTTAGE Sold Prices

Land registry data shows three sales for IVY COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the three IVY COTTAGE sales were 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
2006 2 MAR	£50,000	£203,176	75% below HPI
2001 17 AUG	£97,000	£97,564	1% below HPI
1995 10 FEB	£57,500	£76,183	25% below HPI

IVY COTTAGE 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 three IVY COTTAGE sales between February 1995 and March 2006 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 2001 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2006 sale, where it falls to 75% below the HPI. The line then continues to track at 75% below the HPI.

How Large is IVY COTTAGE?

IVY COTTAGE is 110m², which includes two extensions, according to the EPC inspection conducted in March 2009. This puts it in the smallest 50% of detached houses in Crawcrook, based on EPC data. The below chart shows the distribution of detached houses by size in Crawcrook, and where IVY COTTAGE lies on this distribution: 42% of detached houses are smaller than IVY COTTAGE, and 58% of houses are larger. Note that EPC data is not available for all properties in Crawcrook.

IVY COTTAGE: Plot and Title Map

IVY COTTAGE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of IVY COTTAGE, 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 IVY COTTAGE). 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 IVY COTTAGE?

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