SEALBURN COTTAGE, LEAD ROAD, GREENSIDE, RYTON, NE40 4JQ - £300,000

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

SEALBURN COTTAGE is a large extended detached house of 145m², built sometime before 1900. It was last sold for £300,000 in October 2017, which was around 30% above the average October 2017 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

SEALBURN COTTAGE Sold Prices

Land registry data shows two sales for SEALBURN COTTAGE 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 SEALBURN COTTAGE 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
2017 5 OCT	£300,000	£231,142	30% above HPI
2009 12 NOV	£249,950	£204,074	22% above HPI

SEALBURN COTTAGE 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 SEALBURN COTTAGE sales from November 2009 and October 2017 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 November 2009 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the October 2017 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is SEALBURN COTTAGE?

SEALBURN COTTAGE is 145m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 40% of detached houses in Greenside, based on EPC data. The below chart shows the distribution of detached houses by size in Greenside, and where SEALBURN COTTAGE lies on this distribution: 61% of detached houses are smaller than SEALBURN COTTAGE, and 39% of houses are larger. Note that EPC data is not available for all properties in Greenside.

SEALBURN COTTAGE: Plot and Title Map

SEALBURN COTTAGE sits on a plot of roughly 17.7 acres, or 71,577m². The below map shows the location of SEALBURN COTTAGE, 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 SEALBURN COTTAGE). 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 SEALBURN COTTAGE?

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