41, RIDGELY DRIVE, PONTELAND, NEWCASTLE UPON TYNE, NE20 9BJ - £368,000

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

41 RIDGELY DRIVE is a small extended detached house of 131m², built sometime between 1967 and 1975. It was last sold for £368,000 in July 2016, which was around 48% above the average July 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

41 RIDGELY DRIVE Sold Prices

Land registry data shows two sales for 41 RIDGELY 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 Northumberland local authority area for the corresponding sale date. Both of the two 41 RIDGELY DRIVE 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
2016 29 JUL	£368,000	£248,789	48% above HPI
2014 14 MAR	£250,000	£231,455	8% above HPI

41 RIDGELY DRIVE 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 41 RIDGELY DRIVE sales from March 2014 and July 2016 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 March 2014 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2016 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 41 RIDGELY DRIVE?

41 RIDGELY DRIVE is 131m², which includes three extensions, according to the EPC inspection conducted in January 2017. This puts it in the smallest 30% of detached houses in Ponteland, based on EPC data. The below chart shows the distribution of detached houses by size in Ponteland, and where 41 RIDGELY DRIVE lies on this distribution: 25% of detached houses are smaller than 41 RIDGELY DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Ponteland.

41 RIDGELY DRIVE: Plot and Title Map

41 RIDGELY DRIVE sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of 41 RIDGELY 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 41 RIDGELY 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 41 RIDGELY DRIVE?

41 RIDGELY DRIVE is located in PONTELAND, in the NE20 postcode district. The below map shows the position of No. 41 on RIDGELY DRIVE.