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

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

LAMBS COTTAGE is a large detached house of 125m², built sometime before 1900. It was last sold for £285,000 in June 2022, which was around 5% 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	£271,662	5% above HPI
2002 28 JUN	£177,000	£111,024	59% above HPI
1997 5 SEP	£115,000	£78,254	47% 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 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the June 2022 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

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 in Ryton, based on EPC data. The below chart shows the distribution of detached houses by size in Ryton, and where LAMBS COTTAGE lies on this distribution: 62% of detached houses are smaller than LAMBS COTTAGE, and 37% 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.