SOUTH GRANGE, LANE HEAD, RYTON, NE40 3HG - £725,000

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

SOUTH GRANGE is a very large extended detached house of 492m², built sometime before 1900. It was last sold for £725,000 in April 2004, which was around 325% above the average April 2004 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 C.

SOUTH GRANGE Sold Prices

Land registry data shows two sales for SOUTH GRANGE 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 SOUTH GRANGE 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
2004 2 APR	£725,000	£170,755	325% above HPI
1998 4 JUN	£285,000	£78,040	265% above HPI

SOUTH GRANGE 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 SOUTH GRANGE sales from June 1998 and April 2004 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 June 1998 sale was for 265% above the HPI. So the extrapolation line tracks at 265% above the HPI over time, until the April 2004 sale, where it rises to 325% above the HPI. The line then continues to track at 325% above the HPI.

How Large is SOUTH GRANGE?

SOUTH GRANGE is 492m², which includes two extensions, according to the EPC inspection conducted in July 2016. 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 SOUTH GRANGE lies on this distribution: More than 99% of detached houses are smaller than SOUTH GRANGE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Ryton.

SOUTH GRANGE: Plot and Title Map

SOUTH GRANGE sits on a plot of roughly 0.520 of an acre, or 2,104m². The below map shows the location of SOUTH GRANGE, 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 SOUTH GRANGE). 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 SOUTH GRANGE?

SOUTH GRANGE is located on LANE HEAD in RYTON, in the NE40 postcode district. The below map shows the position of SOUTH GRANGE on LANE HEAD.