1, RIDGELY DRIVE, PONTELAND, NEWCASTLE UPON TYNE, NE20 9BJ - £560,000

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

1 RIDGELY DRIVE is a large extended detached house of 200m², built sometime between 1950 and 1966. It was last sold for £560,000 in September 2022, which was around 72% above the average September 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was C.

1 RIDGELY DRIVE Sold Prices

Land registry data shows two sales for 1 RIDGELY 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 Northumberland local authority area for the corresponding sale date. Both of the two 1 RIDGELY 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
2022 21 SEP	£560,000	£325,457	72% above HPI
2005 24 MAR	£385,000	£220,519	75% above HPI

1 RIDGELY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 1 RIDGELY DRIVE sales from March 2005 and September 2022 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 March 2005 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the September 2022 sale, where it falls to 72% above the HPI. The line then continues to track at 72% above the HPI.

How Large is 1 RIDGELY DRIVE?

1 RIDGELY DRIVE is 200m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the largest 40% of detached houses in Ponteland, based on EPC data. The below chart shows the distribution of detached houses by size in Ponteland, and where 1 RIDGELY DRIVE lies on this distribution: 63% of detached houses are smaller than 1 RIDGELY DRIVE, and 37% of houses are larger. Note that EPC data is not available for all properties in Ponteland.

1 RIDGELY DRIVE: Plot and Title Map

1 RIDGELY DRIVE sits on a plot of roughly 0.340 of an acre, or 1,374m². The below map shows the location of 1 RIDGELY 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 1 RIDGELY 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 1 RIDGELY DRIVE?

1 RIDGELY DRIVE is located in PONTELAND, in the NE20 postcode district. The below map shows the position of No. 1 on RIDGELY DRIVE.