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
216 NEW RIDLEY ROAD is a midsized extended detached house of 183m², built sometime between 1950 and 1966. It was last sold for £580,000 in August 2024, which was around 65% above the average August 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 216 NEW RIDLEY ROAD since 1st 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 216 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 |
---|---|---|---|
2024 8 AUG | £580,000 | £352,033 | 65% above HPI |
1999 21 MAY | £163,000 | £93,402 | 75% above HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 216 NEW RIDLEY ROAD sales from May 1999 and August 2024 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 May 1999 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the August 2024 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.
216 NEW RIDLEY ROAD is 183m², which includes three extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 50% of detached houses in Stocksfield, based on EPC data. The below chart shows the distribution of detached houses by size in Stocksfield, and where 216 NEW RIDLEY ROAD lies on this distribution: 52% of detached houses are smaller than 216 NEW RIDLEY ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Stocksfield.
216 NEW RIDLEY ROAD sits on a plot of roughly 0.500 of an acre, or 2,024m². The below map shows the location of 216 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 216 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.
216 NEW RIDLEY ROAD is located in STOCKSFIELD, in the NE43 postcode district. The below map shows the position of No. 216 on NEW RIDLEY ROAD.