4, RIDGELY CLOSE, PONTELAND, NEWCASTLE UPON TYNE, NE20 9BN - £299,500

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

4 RIDGELY CLOSE is a very small detached house of 109m², built sometime between 1967 and 1975. It was last sold for £299,500 in July 2012, which was around 31% above the average July 2012 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

4 RIDGELY CLOSE Sold Prices

Land registry data shows three sales for 4 RIDGELY 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 Northumberland local authority area for the corresponding sale date. All of the three 4 RIDGELY 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 24 JUL	£299,500	£228,477	31% above HPI
2002 9 AUG	£192,000	£134,088	43% above HPI
1995 2 JUN	£97,000	£79,426	22% above HPI

4 RIDGELY 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 three 4 RIDGELY CLOSE sales between June 1995 and July 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 August 2002 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the July 2012 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 4 RIDGELY CLOSE?

4 RIDGELY CLOSE is 109m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 20% of detached houses in Ponteland, based on EPC data. The below chart shows the distribution of detached houses by size in Ponteland, and where 4 RIDGELY CLOSE lies on this distribution: 13% of detached houses are smaller than 4 RIDGELY CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Ponteland.

4 RIDGELY CLOSE: Plot and Title Map

4 RIDGELY CLOSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 4 RIDGELY 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 4 RIDGELY 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 4 RIDGELY CLOSE?

4 RIDGELY CLOSE is located in PONTELAND, in the NE20 postcode district. The below map shows the position of No. 4 on RIDGELY CLOSE.