16, RIDLEY CLOSE, HEXHAM, NE46 2HY - £410,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 RIDLEY CLOSE is a small extended detached house of 124m², built sometime between 1991 and 1995. It was last sold for £410,000 in March 2022, which was around 36% above the average March 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

16 RIDLEY CLOSE Sold Prices

Land registry data shows two sales for 16 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 16 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
2022 7 MAR	£410,000	£301,366	36% above HPI
1995 18 AUG	£123,750	£80,192	54% above HPI

16 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 16 RIDLEY CLOSE sales from August 1995 and March 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 August 1995 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the March 2022 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 16 RIDLEY CLOSE?

16 RIDLEY CLOSE is 124m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where 16 RIDLEY CLOSE lies on this distribution: 37% of detached houses are smaller than 16 RIDLEY CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Hexham.

16 RIDLEY CLOSE: Plot and Title Map

16 RIDLEY CLOSE sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 16 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 16 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 16 RIDLEY CLOSE?

16 RIDLEY CLOSE is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 16 on RIDLEY CLOSE.