1, RIVERMEDE, PONTELAND, NEWCASTLE UPON TYNE, NE20 9XA - £540,000

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 RIVERMEDE is a small extended detached house of 142m², built sometime between 1991 and 1995. It was last sold for £540,000 in July 2024, which was around 52% above the average July 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

1 RIVERMEDE Sold Prices

Land registry data shows two sales for 1 RIVERMEDE 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 RIVERMEDE 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
2024 18 JUL	£540,000	£354,401	52% above HPI
1998 24 NOV	£155,500	£95,268	63% above HPI

1 RIVERMEDE 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 RIVERMEDE sales from November 1998 and July 2024 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 November 1998 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the July 2024 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 1 RIVERMEDE?

1 RIVERMEDE is 142m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the smallest 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 RIVERMEDE lies on this distribution: 31% of detached houses are smaller than 1 RIVERMEDE, and 68% of houses are larger. Note that EPC data is not available for all properties in Ponteland.

1 RIVERMEDE: Plot and Title Map

1 RIVERMEDE sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 1 RIVERMEDE, 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 RIVERMEDE). 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 RIVERMEDE?

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