10, RICHMOND WAY, PONTELAND, NEWCASTLE UPON TYNE, NE20 9HU - £490,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 RICHMOND WAY is a very large extended detached house of 312m², built sometime between 1976 and 1982. It was last sold for £490,000 in February 2005, which was around 128% above the average February 2005 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2017, where the current energy rating was F, and the potential energy rating was C.

10 RICHMOND WAY Sold Prices

Land registry data shows three sales for 10 RICHMOND WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 10 RICHMOND WAY 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
2005 16 FEB	£490,000	£214,743	128% above HPI
2002 12 SEP	£315,000	£137,828	129% above HPI
1997 10 DEC	£189,950	£86,202	120% above HPI

10 RICHMOND WAY 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 three 10 RICHMOND WAY sales between December 1997 and February 2005 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 September 2002 sale was for 129% above the HPI. So the extrapolation line tracks at 129% above the HPI over time, until the February 2005 sale, where it falls to 128% above the HPI. The line then continues to track at 128% above the HPI.

How Large is 10 RICHMOND WAY?

10 RICHMOND WAY is 312m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the largest 20% of detached houses in Ponteland, based on EPC data. The below chart shows the distribution of detached houses by size in Ponteland, and where 10 RICHMOND WAY lies on this distribution: 86% of detached houses are smaller than 10 RICHMOND WAY, and 14% of houses are larger. Note that EPC data is not available for all properties in Ponteland.

10 RICHMOND WAY: Plot and Title Map

10 RICHMOND WAY sits on a plot of roughly 0.245 of an acre, or 993m². The below map shows the location of 10 RICHMOND WAY, 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 10 RICHMOND WAY). 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 10 RICHMOND WAY?

10 RICHMOND WAY is located in PONTELAND, in the NE20 postcode district. The below map shows the position of No. 10 on RICHMOND WAY.