53, STATION CLOSE, RIDING MILL, NE44 6HF - £225,000

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.

53 STATION CLOSE is a very small extended semi-detached house of 108m², built sometime between 1930 and 1949, which could now be worth an estimated £279,720. It was last sold for £225,000 in December 2020, which was around 43% above the average December 2020 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

53 STATION CLOSE Sold Prices

Land registry data shows three sales for 53 STATION CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. All of the three 53 STATION CLOSE 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 21 DEC	£225,000	£157,052	43% above HPI
2016 2 MAR	£220,000	£134,879	63% above HPI
2016 26 FEB	£225,000	£133,590	68% above HPI

53 STATION CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 53 STATION CLOSE sales between February 2016 and December 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 March 2016 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the December 2020 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 53 STATION CLOSE be worth now?

53 STATION CLOSE might now be worth an estimated £279,720.

This is based on house price inflation of 24.3%, between December 2020 and February 2025, for semi-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 24.3% inflationary increase is applied to the most recent sale price for 53 STATION CLOSE of £225,000 on 21st December 2020. For the value to have increased from £225,000 to £279,720 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 53 STATION CLOSE has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The December 2020 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 53 STATION CLOSE has not materially changed since December 2020.

How Large is 53 STATION CLOSE?

53 STATION CLOSE is 108m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of semi-detached houses houses in Riding Mill, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Riding Mill, and where 53 STATION CLOSE lies on this distribution: 13% of semi-detached houses houses are smaller than 53 STATION CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Riding Mill.

53 STATION CLOSE: Plot and Title Map

53 STATION CLOSE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 53 STATION CLOSE, 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 53 STATION CLOSE). 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 53 STATION CLOSE?

53 STATION CLOSE is located in RIDING MILL, in the NE44 postcode district. The below map shows the position of No. 53 on STATION CLOSE.