17, STATION CLOSE, RIDING MILL, NE44 6HE - £340,000

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

17 STATION CLOSE is a midsized extended detached house of 176m², built sometime between 1976 and 1982. It was last sold for £340,000 in June 2021, which was around 17% above the average June 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

17 STATION CLOSE Sold Prices

Land registry data shows three sales for 17 STATION 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 17 STATION 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
2021 2 JUN	£340,000	£291,776	17% above HPI
2003 5 DEC	£195,000	£186,774	4% above HPI
1995 24 JUL	£89,500	£81,256	10% above HPI

17 STATION 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 17 STATION CLOSE sales between July 1995 and June 2021 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 December 2003 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2021 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 17 STATION CLOSE?

17 STATION CLOSE is 176m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 50% of detached houses in Riding Mill, based on EPC data. The below chart shows the distribution of detached houses by size in Riding Mill, and where 17 STATION CLOSE lies on this distribution: 60% of detached houses are smaller than 17 STATION CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Riding Mill.

17 STATION CLOSE: Plot and Title Map

17 STATION CLOSE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 17 STATION 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 17 STATION 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 17 STATION CLOSE?

17 STATION CLOSE is located in RIDING MILL, in the NE44 postcode district. The below map shows the position of No. 17 on STATION CLOSE.