21, RIDGE WAY, WALLSEND, NE28 9FF - £230,000

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

21 RIDGE WAY is a very small detached house of 78m². It was last sold for £230,000 in December 2021, which was around 29% below the average December 2021 detached price in the North Tyneside local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

21 RIDGE WAY Sold Prices

Land registry data shows two sales for 21 RIDGE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 21 RIDGE WAY sales were for below 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 10 DEC	£230,000	£322,698	29% below HPI
2017 30 JUN	£194,950	£272,747	29% below HPI

21 RIDGE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 21 RIDGE WAY sales from June 2017 and December 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 June 2017 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2021 sale, which was also at 29% below the HPI.

How Large is 21 RIDGE WAY?

21 RIDGE WAY is 78m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of detached houses in Wallsend, based on EPC data. The below chart shows the distribution of detached houses by size in Wallsend, and where 21 RIDGE WAY lies on this distribution: 9% of detached houses are smaller than 21 RIDGE WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

21 RIDGE WAY: Plot and Title Map

21 RIDGE WAY sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 21 RIDGE WAY, 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 21 RIDGE WAY). 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 21 RIDGE WAY?

21 RIDGE WAY is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 21 on RIDGE WAY.