RAVENSWOOD, DIPE LANE, EAST BOLDON, NE36 0PQ - £610,000

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.

RAVENSWOOD is a very large extended detached house of 202m², built sometime between 1900 and 1929, which could now be worth an estimated £757,634. It was last sold for £610,000 in July 2020, which was around 149% above the average July 2020 detached price in the South Tyneside local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

RAVENSWOOD Sold Prices

Land registry data shows three sales for RAVENSWOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. All of the three RAVENSWOOD 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
2020 17 JUL	£610,000	£245,220	149% above HPI
2000 19 JUL	£270,000	£99,010	173% above HPI
1998 18 SEP	£238,000	£91,002	162% above HPI

RAVENSWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The three RAVENSWOOD sales between September 1998 and July 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 July 2000 sale was for 173% above the HPI. So the extrapolation line tracks at 173% above the HPI over time, until the July 2020 sale, where it falls to 149% above the HPI. The line then continues to track at 149% above the HPI.

What might RAVENSWOOD be worth now?

RAVENSWOOD might now be worth an estimated £757,634.

This is based on house price inflation of 24.2%, between July 2020 and February 2025, for detached houses, in the South Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.2% inflationary increase is applied to the most recent sale price for RAVENSWOOD of £610,000 on 17th July 2020. For the value to have increased from £610,000 to £757,634 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of RAVENSWOOD has moved in line with the HPI for detached houses in the South Tyneside local authority area.
• The July 2020 sale price of £610,000 represented a fair market value for the property.
• The size, condition, and specification of RAVENSWOOD has not materially changed since July 2020.

How Large is RAVENSWOOD?

RAVENSWOOD is 202m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the largest 20% of detached houses houses in West Boldon, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Boldon, and where RAVENSWOOD lies on this distribution: 89% of detached houses houses are smaller than RAVENSWOOD, and 11% of houses are larger. Note that EPC data is not available for all properties in West Boldon.

RAVENSWOOD: Plot and Title Map

RAVENSWOOD sits on a plot of roughly 0.467 of an acre, or 1,889m². The below map shows the location of RAVENSWOOD, 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 RAVENSWOOD). 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 RAVENSWOOD?

RAVENSWOOD is located on DIPE LANE in EAST BOLDON, in the NE36 postcode district. The below map shows the position of RAVENSWOOD on DIPE LANE.