47, TOWER GARDENS, RYTON, NE40 3RR - £115,000

47 TOWER GARDENS is a very small detached house of 60m², built sometime between 1950 and 1966. It was last sold for £115,000 in August 2007, which was around 50% below the average August 2007 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was C.

47 TOWER GARDENS Sold Prices

Land registry data shows two sales for 47 TOWER GARDENS 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 47 TOWER GARDENS 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
2007 3 AUG	£115,000	£228,054	50% below HPI
2002 30 AUG	£55,000	£116,295	53% below HPI

47 TOWER GARDENS 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 47 TOWER GARDENS sales from August 2002 and August 2007 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 August 2002 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the August 2007 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 47 TOWER GARDENS?

47 TOWER GARDENS is 60m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 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 47 TOWER GARDENS lies on this distribution: 4% of detached houses are smaller than 47 TOWER GARDENS, and 96% of houses are larger. Note that EPC data is not available for all properties in Ryton.

47 TOWER GARDENS: Plot and Title Map

47 TOWER GARDENS sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 47 TOWER GARDENS, 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 47 TOWER GARDENS). 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 47 TOWER GARDENS?

47 TOWER GARDENS is located in RYTON, in the NE40 postcode district. The below map shows the position of No. 47 on TOWER GARDENS.