40, THE RIDINGS, WHITLEY BAY, NE25 9XZ - £430,000

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

40 THE RIDINGS is a midsized extended detached house of 143m², built sometime between 1983 and 1990. It was last sold for £430,000 in May 2019, which was around 51% above the average May 2019 detached price in the North Tyneside local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was C.

40 THE RIDINGS Sold Prices

Land registry data shows two sales for 40 THE RIDINGS 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 40 THE RIDINGS 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
2019 23 MAY	£430,000	£284,954	51% above HPI
2000 14 APR	£127,000	£92,686	37% above HPI

40 THE RIDINGS 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 40 THE RIDINGS sales from April 2000 and May 2019 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 April 2000 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the May 2019 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 40 THE RIDINGS?

40 THE RIDINGS is 143m², which includes three extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 40% 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 40 THE RIDINGS lies on this distribution: 60% of detached houses are smaller than 40 THE RIDINGS, and 39% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

40 THE RIDINGS: Plot and Title Map

40 THE RIDINGS sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of 40 THE RIDINGS, 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 40 THE RIDINGS). 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 40 THE RIDINGS?

40 THE RIDINGS is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 40 on THE RIDINGS.