LINDOS, LEAD ROAD, GREENSIDE, RYTON, NE40 4SH - £190,000

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.

LINDOS is a very small detached house of 97m², built sometime between 1930 and 1949, which could now be worth an estimated £233,480. It was last sold for £190,000 in January 2020, which was around 17% below the average January 2020 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

LINDOS Sold Prices

Land registry data shows three sales for LINDOS 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. One of the three LINDOS sales was for below the average price, whilst two 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
2020 3 JAN	£190,000	£228,675	17% below HPI
1999 12 MAY	£105,000	£78,417	34% above HPI
1997 22 SEP	£105,000	£77,727	35% above HPI

LINDOS 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 LINDOS sales between September 1997 and January 2020 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 May 1999 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the January 2020 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might LINDOS be worth now?

LINDOS might now be worth an estimated £233,480.

This is based on house price inflation of 22.9%, between January 2020 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 22.9% inflationary increase is applied to the most recent sale price for LINDOS of £190,000 on 3rd January 2020. For the value to have increased from £190,000 to £233,480 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of LINDOS has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The January 2020 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of LINDOS has not materially changed since January 2020.

How Large is LINDOS?

LINDOS is 97m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% of detached houses houses in Greenside, based on EPC data. The below chart shows the distribution of detached houses houses by size in Greenside, and where LINDOS lies on this distribution: 19% of detached houses houses are smaller than LINDOS, and 81% of houses are larger. Note that EPC data is not available for all properties in Greenside.

LINDOS: Plot and Title Map

LINDOS sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of LINDOS, 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 LINDOS). 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 LINDOS?

LINDOS is located on LEAD ROAD in GREENSIDE, in the NE40 postcode district. The below map shows the position of LINDOS on LEAD ROAD.