3, RIDDELL CLOSE, FELTON, MORPETH, NE65 9PH - £189,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 RIDDELL CLOSE is a small detached house of 99m², built sometime between 1996 and 2002, which could now be worth an estimated £260,680. It was last sold for £189,000 in June 2007, which was around 28% below the average June 2007 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was D.

3 RIDDELL CLOSE Sold Prices

Land registry data shows two sales for 3 RIDDELL CLOSE since 1^st 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 3 RIDDELL CLOSE 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
2007 22 JUN	£189,000	£260,857	28% below HPI
2002 14 OCT	£100,000	£142,905	30% below HPI

3 RIDDELL 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 two 3 RIDDELL CLOSE sales from October 2002 and June 2007 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 October 2002 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2007 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 3 RIDDELL CLOSE be worth now?

3 RIDDELL CLOSE might now be worth an estimated £260,680.

This is based on house price inflation of 37.9%, between June 2007 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.9% inflationary increase is applied to the most recent sale price for 3 RIDDELL CLOSE of £189,000 on 22nd June 2007. For the value to have increased from £189,000 to £260,680 over the eighteen years and four months to February 2025, the following assumptions must hold true:

• The value of 3 RIDDELL CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The June 2007 sale price of £189,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RIDDELL CLOSE has not materially changed since June 2007.

How Large is 3 RIDDELL CLOSE?

3 RIDDELL CLOSE is 99m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 40% of detached houses houses in Felton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Felton, and where 3 RIDDELL CLOSE lies on this distribution: 31% of detached houses houses are smaller than 3 RIDDELL CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Felton.

3 RIDDELL CLOSE: Plot and Title Map

3 RIDDELL CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 3 RIDDELL 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 3 RIDDELL 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 3 RIDDELL CLOSE?

3 RIDDELL CLOSE is located in FELTON, in the NE65 postcode district. The below map shows the position of No. 3 on RIDDELL CLOSE.