3, SANDERLING CLOSE, RYTON, NE40 3HE - £117,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 SANDERLING CLOSE is a very small semi-detached house of 59m², built sometime between 1991 and 1995, which could now be worth an estimated £146,838. It was last sold for £117,500 in June 2017, which was around 15% below the average June 2017 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

3 SANDERLING CLOSE Sold Prices

Land registry data shows six sales for 3 SANDERLING CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. Most of the six 3 SANDERLING CLOSE 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
2017 29 JUN	£117,500	£138,103	15% below HPI
2012 4 MAY	£97,000	£120,014	19% below HPI
2007 14 MAR	£121,000	£132,354	9% below HPI
2005 19 SEP	£110,000	£127,837	14% below HPI
2004 28 MAY	£108,000	£105,535	2% above HPI
1997 28 NOV	£48,000	£43,653	10% above HPI

3 SANDERLING CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gateshead local authority area over time, sourced from the HPI. The six 3 SANDERLING CLOSE sales between November 1997 and June 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 May 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 3 SANDERLING CLOSE be worth now?

3 SANDERLING CLOSE might now be worth an estimated £146,838.

This is based on house price inflation of 25%, between June 2017 and June 2025, for semi-detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25% inflationary increase is applied to the most recent sale price for 3 SANDERLING CLOSE of £117,500 on 29th June 2017. For the value to have increased from £117,500 to £146,838 over the eight years to June 2025, the following assumptions must hold true:

• The value of 3 SANDERLING CLOSE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The June 2017 sale price of £117,500 represented a fair market value for the property.
• The size, condition, and specification of 3 SANDERLING CLOSE has not materially changed since June 2017.

How Large is 3 SANDERLING CLOSE?

3 SANDERLING CLOSE is 59m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of semi-detached houses houses in Ryton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ryton, and where 3 SANDERLING CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 3 SANDERLING CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Ryton.

3 SANDERLING CLOSE: Plot and Title Map

3 SANDERLING CLOSE sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 3 SANDERLING CLOSE, 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 3 SANDERLING CLOSE). 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 3 SANDERLING CLOSE?

3 SANDERLING CLOSE is located in RYTON, in the NE40 postcode district. The below map shows the position of No. 3 on SANDERLING CLOSE.