ROCKWOOD VILLA, ROCKWOOD HILL ROAD, GREENSIDE, RYTON, NE40 4AR - £149,000

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

ROCKWOOD VILLA is a very small extended detached house of 62m², built sometime between 1967 and 1975. It was last sold for £149,000 in August 2008, which was around 33% below the average August 2008 detached price in the Gateshead local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

ROCKWOOD VILLA Sold Prices

Land registry data shows two sales for ROCKWOOD VILLA 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 ROCKWOOD VILLA sales were for below 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
2008 14 AUG	£149,000	£222,052	33% below HPI
2003 3 DEC	£125,000	£168,834	26% below HPI

ROCKWOOD VILLA 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 ROCKWOOD VILLA sales from December 2003 and August 2008 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 December 2003 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2008 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is ROCKWOOD VILLA?

ROCKWOOD VILLA is 62m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of detached houses in Greenside, based on EPC data. The below chart shows the distribution of detached houses by size in Greenside, and where ROCKWOOD VILLA lies on this distribution: Less than 1% of detached houses are smaller than ROCKWOOD VILLA, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Greenside.

ROCKWOOD VILLA: Plot and Title Map

ROCKWOOD VILLA sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of ROCKWOOD VILLA, 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 ROCKWOOD VILLA). 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 ROCKWOOD VILLA?

ROCKWOOD VILLA is located on ROCKWOOD HILL ROAD in GREENSIDE, in the NE40 postcode district. The below map shows the position of ROCKWOOD VILLA on ROCKWOOD HILL ROAD.