Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
243 NEW RIDLEY ROAD is a midsized extended detached house of 192m², built sometime between 1950 and 1966. It was last sold for £475,000 in August 2020, which was around 77% above the average August 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 243 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. Two of the three 243 NEW RIDLEY ROAD sales were for above the average price, whilst one was 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 |
---|---|---|---|
2020 7 AUG | £475,000 | £268,221 | 77% above HPI |
2002 6 DEC | £205,000 | £145,834 | 41% above HPI |
2002 9 SEP | £120,000 | £137,828 | 13% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 243 NEW RIDLEY ROAD sales between September 2002 and August 2020 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 2002 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the August 2020 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.
243 NEW RIDLEY ROAD is 192m², which includes one extension, according to the EPC inspection conducted in June 2019. 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 243 NEW RIDLEY ROAD lies on this distribution: 56% of detached houses are smaller than 243 NEW RIDLEY ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Stocksfield.
243 NEW RIDLEY ROAD sits on a plot of roughly 0.346 of an acre, or 1,400m². The below map shows the location of 243 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 243 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.
243 NEW RIDLEY ROAD is located in STOCKSFIELD, in the NE43 postcode district. The below map shows the position of No. 243 on NEW RIDLEY ROAD.