THE GATEHOUSE, MAIN ROAD, RYTON, NE40 3AG - £220,000

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 GATEHOUSE is a very small extended detached house of 81m², built sometime before 1900. It was last sold for £220,000 in November 2021, which was around 15% below the average November 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

THE GATEHOUSE Sold Prices

Land registry data shows two sales for THE GATEHOUSE 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 GATEHOUSE sales were 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 1 NOV	£220,000	£258,002	15% below HPI
2009 11 NOV	£190,000	£204,074	7% below HPI

THE GATEHOUSE 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 GATEHOUSE sales from November 2009 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 November 2009 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is THE GATEHOUSE?

THE GATEHOUSE is 81m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the smallest 20% of detached houses in Ryton, based on EPC data. The below chart shows the distribution of detached houses by size in Ryton, and where THE GATEHOUSE lies on this distribution: 13% of detached houses are smaller than THE GATEHOUSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Ryton.

THE GATEHOUSE: Plot and Title Map

THE GATEHOUSE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of THE GATEHOUSE, 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 GATEHOUSE). 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 GATEHOUSE?

THE GATEHOUSE is located on MAIN ROAD in RYTON, in the NE40 postcode district. The below map shows the position of THE GATEHOUSE on MAIN ROAD.