RUSHLOR, HEXHAM OLD ROAD, RYTON, NE40 3LE - £401,000

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

RUSHLOR is a very large extended detached house of 231m², built sometime between 1950 and 1966. It was last sold for £401,000 in July 2023, which was around 43% above the average July 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was C.

RUSHLOR Sold Prices

Land registry data shows three sales for RUSHLOR 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. Two of the three RUSHLOR sales were for above the average price, whilst one was 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
2023 28 JUL	£401,000	£279,939	43% above HPI
2021 31 MAR	£385,000	£248,445	55% above HPI
2007 30 AUG	£170,000	£228,054	25% below HPI

RUSHLOR 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 RUSHLOR sales between August 2007 and July 2023 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 March 2021 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the July 2023 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is RUSHLOR?

RUSHLOR is 231m², which includes three extensions, according to the EPC inspection conducted in February 2023. This puts it in the largest 10% of detached houses in Ryton, based on EPC data. The below chart shows the distribution of detached houses by size in Ryton, and where RUSHLOR lies on this distribution: 95% of detached houses are smaller than RUSHLOR, and 4% of houses are larger. Note that EPC data is not available for all properties in Ryton.

RUSHLOR: Plot and Title Map

RUSHLOR sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of RUSHLOR, 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 RUSHLOR). 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 RUSHLOR?

RUSHLOR is located on HEXHAM OLD ROAD in RYTON, in the NE40 postcode district. The below map shows the position of RUSHLOR on HEXHAM OLD ROAD.