5, RIDGEWAY, HOLYWELL, WHITLEY BAY, NE25 0PH - £340,000

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.

5 RIDGEWAY is a small detached house of 108m², built sometime between 1976 and 1982, which could now be worth an estimated £503,170. It was last sold for £340,000 in December 2014, which was around 40% above the average December 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

5 RIDGEWAY Sold Prices

Land registry data shows two sales for 5 RIDGEWAY 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 5 RIDGEWAY 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
2014 18 DEC	£340,000	£243,115	40% above HPI
1995 13 DEC	£110,000	£82,015	34% above HPI

5 RIDGEWAY 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 5 RIDGEWAY sales from December 1995 and December 2014 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 December 1995 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the December 2014 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 5 RIDGEWAY be worth now?

5 RIDGEWAY might now be worth an estimated £503,170.

This is based on house price inflation of 48%, between December 2014 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 48% inflationary increase is applied to the most recent sale price for 5 RIDGEWAY of £340,000 on 18th December 2014. For the value to have increased from £340,000 to £503,170 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 RIDGEWAY has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The December 2014 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RIDGEWAY has not materially changed since December 2014.

How Large is 5 RIDGEWAY?

5 RIDGEWAY is 108m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 40% of detached houses houses in Seaton Delaval, based on EPC data. The below chart shows the distribution of detached houses houses by size in Seaton Delaval, and where 5 RIDGEWAY lies on this distribution: 33% of detached houses houses are smaller than 5 RIDGEWAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Seaton Delaval.

5 RIDGEWAY: Plot and Title Map

5 RIDGEWAY sits on a plot of roughly 0.164 of an acre, or 663m². The below map shows the location of 5 RIDGEWAY, 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 5 RIDGEWAY). 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 5 RIDGEWAY?

5 RIDGEWAY is located in HOLYWELL, in the NE25 postcode district. The below map shows the position of No. 5 on RIDGEWAY.