THE DALES, LEAD ROAD, GREENSIDE, RYTON, NE40 4RD - £430,000

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

THE DALES is a very large extended detached house of 191m², built sometime between 1983 and 1990. It was last sold for £430,000 in March 2022, which was around 70% above the average March 2022 detached price in the Gateshead local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

THE DALES Sold Prices

Land registry data shows two sales for THE DALES 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 THE DALES 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
2022 4 MAR	£430,000	£253,334	70% above HPI
1998 31 MAR	£117,500	£78,904	49% above HPI

THE DALES 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 THE DALES sales from March 1998 and March 2022 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 1998 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the March 2022 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is THE DALES?

THE DALES is 191m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 20% of detached houses in Greenside, based on EPC data. The below chart shows the distribution of detached houses by size in Greenside, and where THE DALES lies on this distribution: 86% of detached houses are smaller than THE DALES, and 14% of houses are larger. Note that EPC data is not available for all properties in Greenside.

THE DALES: Plot and Title Map

THE DALES sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of THE DALES, 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 THE DALES). 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 THE DALES?

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