43, RIDGELY DRIVE, PONTELAND, NEWCASTLE UPON TYNE, NE20 9BJ - £400,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

43 RIDGELY DRIVE is a small extended detached house of 125m², built sometime between 1950 and 1966, which could now be worth an estimated £533,990. It was last sold for £400,000 in July 2020, which was around 48% above the average July 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was C.

43 RIDGELY DRIVE Sold Prices

Land registry data shows four sales for 43 RIDGELY DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four 43 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
2020 28 JUL	£400,000	£269,510	48% above HPI
2007 2 NOV	£330,000	£271,751	21% above HPI
2001 6 AUG	£178,000	£117,763	51% above HPI
2000 20 MAR	£149,000	£99,327	50% above HPI

43 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 four 43 RIDGELY DRIVE sales between March 2000 and July 2020 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 November 2007 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the July 2020 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 43 RIDGELY DRIVE be worth now?

43 RIDGELY DRIVE might now be worth an estimated £533,990.

This is based on house price inflation of 33.5%, between July 2020 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.5% inflationary increase is applied to the most recent sale price for 43 RIDGELY DRIVE of £400,000 on 28th July 2020. For the value to have increased from £400,000 to £533,990 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 43 RIDGELY DRIVE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The July 2020 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 43 RIDGELY DRIVE has not materially changed since July 2020.

How Large is 43 RIDGELY DRIVE?

43 RIDGELY DRIVE is 125m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 30% of detached houses houses in Ponteland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ponteland, and where 43 RIDGELY DRIVE lies on this distribution: 21% of detached houses houses are smaller than 43 RIDGELY DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Ponteland.

43 RIDGELY DRIVE: Plot and Title Map

43 RIDGELY DRIVE sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 43 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 43 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 43 RIDGELY DRIVE?

43 RIDGELY DRIVE is located in PONTELAND, in the NE20 postcode district. The below map shows the position of No. 43 on RIDGELY DRIVE.