4, RIDLEY DRIVE, WALLSEND, NE28 9FL - £225,000

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

4 RIDLEY DRIVE is a very small detached house of 78m², which could now be worth an estimated £264,252. It was last sold for £225,000 in December 2021, which was around 29% below the average December 2021 detached price in the North Tyneside local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

4 RIDLEY DRIVE Sold Prices

Land registry data shows two sales for 4 RIDLEY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 4 RIDLEY DRIVE 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
2021 10 DEC	£225,000	£317,286	29% below HPI
2019 28 JUN	£213,950	£282,165	24% below HPI

4 RIDLEY DRIVE 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 two 4 RIDLEY DRIVE sales from June 2019 and December 2021 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 June 2019 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 4 RIDLEY DRIVE be worth now?

4 RIDLEY DRIVE might now be worth an estimated £264,252.

This is based on house price inflation of 17.4%, between December 2021 and February 2025, for detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.4% inflationary increase is applied to the most recent sale price for 4 RIDLEY DRIVE of £225,000 on 10th December 2021. For the value to have increased from £225,000 to £264,252 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 RIDLEY DRIVE has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The December 2021 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 4 RIDLEY DRIVE has not materially changed since December 2021.

How Large is 4 RIDLEY DRIVE?

4 RIDLEY DRIVE is 78m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of detached houses houses in Wallsend, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wallsend, and where 4 RIDLEY DRIVE lies on this distribution: 9% of detached houses houses are smaller than 4 RIDLEY DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

4 RIDLEY DRIVE: Plot and Title Map

4 RIDLEY DRIVE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 4 RIDLEY DRIVE, 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 RIDLEY DRIVE). 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 RIDLEY DRIVE?

4 RIDLEY DRIVE is located in WALLSEND, in the NE28 postcode district. The below map shows the position of No. 4 on RIDLEY DRIVE.