11, RIVERMEDE, PONTELAND, NEWCASTLE UPON TYNE, NE20 9XA - £390,000

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

11 RIVERMEDE is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £390,000 in August 2022, which was around 23% above the average August 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

11 RIVERMEDE Sold Prices

Land registry data shows two sales for 11 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 11 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
2022 4 AUG	£390,000	£317,779	23% above HPI
2004 9 JAN	£290,000	£186,667	55% above HPI

11 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 11 RIVERMEDE sales from January 2004 and August 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 January 2004 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the August 2022 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 11 RIVERMEDE?

11 RIVERMEDE is 74m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of detached houses in Ponteland, based on EPC data. The below chart shows the distribution of detached houses by size in Ponteland, and where 11 RIVERMEDE lies on this distribution: 3% of detached houses are smaller than 11 RIVERMEDE, and 97% of houses are larger. Note that EPC data is not available for all properties in Ponteland.

11 RIVERMEDE: Plot and Title Map

11 RIVERMEDE sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of 11 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 11 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 11 RIVERMEDE?

11 RIVERMEDE is located in PONTELAND, in the NE20 postcode district. The below map shows the position of No. 11 on RIVERMEDE.