LYNHOLME, LEAD ROAD, GREENSIDE, RYTON, NE40 4JT - £360,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

LYNHOLME is a midsized extended detached house of 130m², built sometime between 1930 and 1949. It was last sold for £360,000 in February 2024, which was around 29% above the average February 2024 detached price in the Gateshead local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

LYNHOLME Sold Prices

Land registry data shows two sales for LYNHOLME 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 LYNHOLME 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
2024 19 FEB	£360,000	£279,750	29% above HPI
2007 4 MAY	£240,000	£219,537	9% above HPI

LYNHOLME 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 LYNHOLME sales from May 2007 and February 2024 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 2007 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the February 2024 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is LYNHOLME?

LYNHOLME is 130m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 50% of detached houses in Greenside, based on EPC data. The below chart shows the distribution of detached houses by size in Greenside, and where LYNHOLME lies on this distribution: 49% of detached houses are smaller than LYNHOLME, and 51% of houses are larger. Note that EPC data is not available for all properties in Greenside.

LYNHOLME: Plot and Title Map

LYNHOLME sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of LYNHOLME, 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 LYNHOLME). 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 LYNHOLME?

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