6, SILVERMERE DRIVE, RYTON, NE40 3HA - £400,000

6 SILVERMERE DRIVE is a very large detached house of 157m², built sometime between 1996 and 2002. It was last sold for £400,000 in March 2023, which was around 46% above the average March 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

6 SILVERMERE DRIVE Sold Prices

Land registry data shows two sales for 6 SILVERMERE DRIVE 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 6 SILVERMERE DRIVE 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
2023 24 MAR	£400,000	£274,729	46% above HPI
2014 28 JUL	£250,000	£211,034	18% above HPI

6 SILVERMERE DRIVE 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 6 SILVERMERE DRIVE sales from July 2014 and March 2023 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 July 2014 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2023 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 6 SILVERMERE DRIVE?

6 SILVERMERE DRIVE is 157m² according to the EPC inspection conducted in November 2013. This puts it in the largest 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 6 SILVERMERE DRIVE lies on this distribution: 82% of detached houses are smaller than 6 SILVERMERE DRIVE, and 18% of houses are larger. Note that EPC data is not available for all properties in Ryton.

6 SILVERMERE DRIVE: Plot and Title Map

6 SILVERMERE DRIVE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 6 SILVERMERE DRIVE, 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 6 SILVERMERE DRIVE). 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 6 SILVERMERE DRIVE?

6 SILVERMERE DRIVE is located in RYTON, in the NE40 postcode district. The below map shows the position of No. 6 on SILVERMERE DRIVE.