SOUTH VIEW, ROCKWOOD HILL ROAD, GREENSIDE, RYTON, NE40 4AT - £518,445

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 VIEW is a very large extended detached house of 209m², built sometime between 1900 and 1929. It was last sold for £518,445 in November 2021, which was around 101% above the average November 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was April 2021, where the current energy rating was B, and the potential energy rating was B.

SOUTH VIEW Sold Prices

Land registry data shows two sales for SOUTH VIEW 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. One of the two SOUTH VIEW sales was for above the average price, whilst the other 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
2021 25 NOV	£518,445	£258,002	101% above HPI
1996 5 JAN	£53,000	£70,128	24% below HPI

SOUTH VIEW 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 VIEW sales from January 1996 and November 2021 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 January 1996 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2021 sale, where it rises to 101% above the HPI. The line then continues to track at 101% above the HPI.

How Large is SOUTH VIEW?

SOUTH VIEW is 209m², which includes two extensions, according to the EPC inspection conducted in April 2021. This puts it in the largest 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 SOUTH VIEW lies on this distribution: 90% of detached houses are smaller than SOUTH VIEW, and 10% of houses are larger. Note that EPC data is not available for all properties in Greenside.

SOUTH VIEW: Plot and Title Map

SOUTH VIEW sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of SOUTH VIEW, 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 VIEW). 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 VIEW?

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