15, MOUNT RIDGE, BIRTLEY, CHESTER LE STREET, DH3 1RY - £450,000

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.

15 MOUNT RIDGE is a very large extended detached house of 186m², built sometime from 2007 onwards, which could now be worth an estimated £584,199. It was last sold for £450,000 in September 2014, which was around 108% above the average September 2014 detached price in the Gateshead local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

15 MOUNT RIDGE Sold Prices

Land registry data shows two sales for 15 MOUNT RIDGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 15 MOUNT RIDGE 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 5 SEP	£450,000	£216,455	108% above HPI
2006 9 JUN	£409,995	£207,666	97% above HPI

15 MOUNT RIDGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 15 MOUNT RIDGE sales from June 2006 and September 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 June 2006 sale was for 97% above the HPI. So the extrapolation line tracks at 97% above the HPI over time, until the September 2014 sale, where it rises to 108% above the HPI. The line then continues to track at 108% above the HPI.

What might 15 MOUNT RIDGE be worth now?

15 MOUNT RIDGE might now be worth an estimated £584,199.

This is based on house price inflation of 29.8%, between September 2014 and February 2025, for detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.8% inflationary increase is applied to the most recent sale price for 15 MOUNT RIDGE of £450,000 on 5th September 2014. For the value to have increased from £450,000 to £584,199 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 15 MOUNT RIDGE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The September 2014 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MOUNT RIDGE has not materially changed since September 2014.

How Large is 15 MOUNT RIDGE?

15 MOUNT RIDGE is 186m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 10% of detached houses houses in Birtley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birtley, and where 15 MOUNT RIDGE lies on this distribution: 94% of detached houses houses are smaller than 15 MOUNT RIDGE, and 6% of houses are larger. Note that EPC data is not available for all properties in Birtley.

15 MOUNT RIDGE: Plot and Title Map

15 MOUNT RIDGE sits on a plot of roughly 0.155 of an acre, or 629m². The below map shows the location of 15 MOUNT RIDGE, 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 15 MOUNT RIDGE). 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 15 MOUNT RIDGE?

15 MOUNT RIDGE is located in BIRTLEY, in the DH3 postcode district. The below map shows the position of No. 15 on MOUNT RIDGE.