12, RIDLEY CLOSE, HEXHAM, NE46 2HY - £525,000

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

12 RIDLEY CLOSE is a midsized extended detached house of 136m², built sometime between 1983 and 1990. It was last sold for £525,000 in June 2024, which was around 59% above the average June 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

12 RIDLEY CLOSE Sold Prices

Land registry data shows three sales for 12 RIDLEY CLOSE 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 12 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
2024 14 JUN	£525,000	£329,801	59% above HPI
2018 29 AUG	£360,000	£262,254	37% above HPI
1996 1 MAY	£124,000	£80,928	53% above HPI

12 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 three 12 RIDLEY CLOSE sales between May 1996 and June 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 August 2018 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the June 2024 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is 12 RIDLEY CLOSE?

12 RIDLEY CLOSE is 136m², which includes three extensions, according to the EPC inspection conducted in August 2016. This puts it in the largest 50% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where 12 RIDLEY CLOSE lies on this distribution: 53% of detached houses are smaller than 12 RIDLEY CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Hexham.

12 RIDLEY CLOSE: Plot and Title Map

12 RIDLEY CLOSE sits on a plot of roughly 28.9 acres, or 117,062m². The below map shows the location of 12 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 12 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 12 RIDLEY CLOSE?

12 RIDLEY CLOSE is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 12 on RIDLEY CLOSE.