LAMBS COTTAGE, NORTHUMBERLAND ROAD, RYTON, NE40 3PT - £285,000

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.

LAMBS COTTAGE is a large detached house of 125m², built sometime before 1900, which could now be worth an estimated £296,801. It was last sold for £285,000 in June 2022, which was around 6% above the average June 2022 detached price in the Gateshead local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was C.

LAMBS COTTAGE Sold Prices

Land registry data shows three sales for LAMBS 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 LAMBS COTTAGE 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
2022 24 JUN	£285,000	£269,833	6% above HPI
2002 28 JUN	£177,000	£110,276	61% above HPI
1997 5 SEP	£115,000	£77,727	48% above HPI

LAMBS 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 LAMBS COTTAGE sales between September 1997 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 June 2002 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the June 2022 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might LAMBS COTTAGE be worth now?

LAMBS COTTAGE might now be worth an estimated £296,801.

This is based on house price inflation of 4.1%, between June 2022 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 4.1% inflationary increase is applied to the most recent sale price for LAMBS COTTAGE of £285,000 on 24th June 2022. For the value to have increased from £285,000 to £296,801 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of LAMBS COTTAGE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The June 2022 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of LAMBS COTTAGE has not materially changed since June 2022.

How Large is LAMBS COTTAGE?

LAMBS COTTAGE is 125m² according to the EPC inspection conducted in February 2017. This puts it in the largest 40% of detached houses houses in Ryton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ryton, and where LAMBS COTTAGE lies on this distribution: 61% of detached houses houses are smaller than LAMBS COTTAGE, and 38% of houses are larger. Note that EPC data is not available for all properties in Ryton.

LAMBS COTTAGE: Plot and Title Map

LAMBS COTTAGE sits on a plot of roughly 0.025 of an acre, or 102m². The below map shows the location of LAMBS 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 LAMBS 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 LAMBS COTTAGE?

LAMBS COTTAGE is located on NORTHUMBERLAND ROAD in RYTON, in the NE40 postcode district. The below map shows the position of LAMBS COTTAGE on NORTHUMBERLAND ROAD.