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
181 NEW RIDLEY ROAD is a small extended detached house of 142m², built sometime between 1930 and 1949. It was last sold for £305,000 in February 2017, which was around 23% above the average February 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 181 NEW RIDLEY ROAD since 1st 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 181 NEW RIDLEY ROAD 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 |
---|---|---|---|
2017 17 FEB | £305,000 | £247,381 | 23% above HPI |
2003 21 JUL | £215,000 | £167,815 | 28% above HPI |
1995 31 MAY | £93,500 | £81,290 | 15% above HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 181 NEW RIDLEY ROAD sales between May 1995 and February 2017 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 July 2003 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the February 2017 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.
181 NEW RIDLEY ROAD is 142m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 40% of detached houses in Stocksfield, based on EPC data. The below chart shows the distribution of detached houses by size in Stocksfield, and where 181 NEW RIDLEY ROAD lies on this distribution: 32% of detached houses are smaller than 181 NEW RIDLEY ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Stocksfield.
181 NEW RIDLEY ROAD sits on a plot of roughly 0.180 of an acre, or 728m². The below map shows the location of 181 NEW RIDLEY ROAD, 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 181 NEW RIDLEY ROAD). 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.
181 NEW RIDLEY ROAD is located in STOCKSFIELD, in the NE43 postcode district. The below map shows the position of No. 181 on NEW RIDLEY ROAD.