10, RIDLEY CLOSE, HEXHAM, NE46 2HY - £290,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 RIDLEY CLOSE is a small extended detached house of 121m², built sometime between 1991 and 1995, which could now be worth an estimated £423,535. It was last sold for £290,000 in October 2014, which was around 18% above the average October 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

10 RIDLEY CLOSE Sold Prices

Land registry data shows two sales for 10 RIDLEY CLOSE 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 10 RIDLEY CLOSE 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
2014 10 OCT	£290,000	£246,352	18% above HPI
2006 31 JUL	£299,950	£249,670	20% above HPI

10 RIDLEY CLOSE 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 10 RIDLEY CLOSE sales from July 2006 and October 2014 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 2006 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the October 2014 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 10 RIDLEY CLOSE be worth now?

10 RIDLEY CLOSE might now be worth an estimated £423,535.

This is based on house price inflation of 46%, between October 2014 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46% inflationary increase is applied to the most recent sale price for 10 RIDLEY CLOSE of £290,000 on 10th October 2014. For the value to have increased from £290,000 to £423,535 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 10 RIDLEY CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The October 2014 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 10 RIDLEY CLOSE has not materially changed since October 2014.

How Large is 10 RIDLEY CLOSE?

10 RIDLEY CLOSE is 121m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% of detached houses houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hexham, and where 10 RIDLEY CLOSE lies on this distribution: 35% of detached houses houses are smaller than 10 RIDLEY CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Hexham.

10 RIDLEY CLOSE: Plot and Title Map

10 RIDLEY CLOSE sits on a plot of roughly 57.7 acres, or 233,656m². The below map shows the location of 10 RIDLEY CLOSE, 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 RIDLEY CLOSE). 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 RIDLEY CLOSE?

10 RIDLEY CLOSE is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 10 on RIDLEY CLOSE.