6, WATERMILL, RYTON, NE40 3RB - £220,000

6 WATERMILL is a very small detached house of 75m², built sometime between 1983 and 1990. It was last sold for £220,000 in August 2021, which was around 15% below the average August 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

6 WATERMILL Sold Prices

Land registry data shows two sales for 6 WATERMILL 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 WATERMILL 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 24 AUG	£220,000	£258,045	15% below HPI
2010 9 DEC	£158,000	£208,854	24% below HPI

6 WATERMILL 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 WATERMILL sales from December 2010 and August 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 December 2010 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 6 WATERMILL?

6 WATERMILL is 75m² according to the EPC inspection conducted in October 2008. 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 6 WATERMILL lies on this distribution: 8% of detached houses are smaller than 6 WATERMILL, and 91% of houses are larger. Note that EPC data is not available for all properties in Ryton.

6 WATERMILL: Plot and Title Map

6 WATERMILL sits on a plot of roughly 0.151 of an acre, or 613m². The below map shows the location of 6 WATERMILL, 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 WATERMILL). 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 WATERMILL?

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