39, WELL RIDGE CLOSE, WHITLEY BAY, NE25 9PN - £290,000

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

39 WELL RIDGE CLOSE is a large extended detached house of 154m², built sometime between 1983 and 1990. It was last sold for £290,000 in April 2012, which was around 30% above the average April 2012 detached price in the North Tyneside local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

39 WELL RIDGE CLOSE Sold Prices

Land registry data shows three sales for 39 WELL RIDGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the three 39 WELL RIDGE CLOSE 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
2012 30 APR	£290,000	£223,928	30% above HPI
1999 6 OCT	£136,500	£93,852	45% above HPI
1997 8 AUG	£130,500	£85,430	53% above HPI

39 WELL RIDGE CLOSE 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 three 39 WELL RIDGE CLOSE sales between August 1997 and April 2012 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 1999 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the April 2012 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 39 WELL RIDGE CLOSE?

39 WELL RIDGE CLOSE is 154m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 30% of detached houses in Whitley Bay, based on EPC data. The below chart shows the distribution of detached houses by size in Whitley Bay, and where 39 WELL RIDGE CLOSE lies on this distribution: 70% of detached houses are smaller than 39 WELL RIDGE CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

39 WELL RIDGE CLOSE: Plot and Title Map

39 WELL RIDGE CLOSE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 39 WELL RIDGE 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 39 WELL RIDGE 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 39 WELL RIDGE CLOSE?

39 WELL RIDGE CLOSE is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 39 on WELL RIDGE CLOSE.