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
55 NEW RIDLEY ROAD is a large detached house of 238m², built sometime between 1983 and 1990. It was last sold for £470,000 in May 2007, which was around 90% above the average May 2007 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 55 NEW RIDLEY ROAD since 1st 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 55 NEW RIDLEY ROAD 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 |
---|---|---|---|
2007 1 MAY | £470,000 | £247,542 | 90% above HPI |
2003 21 AUG | £355,000 | £174,395 | 104% above HPI |
1998 24 JUL | £193,000 | £91,039 | 112% above HPI |
1997 28 FEB | £155,000 | £83,993 | 85% above HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The four 55 NEW RIDLEY ROAD sales between February 1997 and May 2007 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 August 2003 sale was for 104% above the HPI. So the extrapolation line tracks at 104% above the HPI over time, until the May 2007 sale, where it falls to 90% above the HPI. The line then continues to track at 90% above the HPI.
55 NEW RIDLEY ROAD is 238m² according to the EPC inspection conducted in February 2013. This puts it in the largest 30% of detached houses in Stocksfield, based on EPC data. The below chart shows the distribution of detached houses by size in Stocksfield, and where 55 NEW RIDLEY ROAD lies on this distribution: 79% of detached houses are smaller than 55 NEW RIDLEY ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Stocksfield.
55 NEW RIDLEY ROAD sits on a plot of roughly 0.320 of an acre, or 1,294m². The below map shows the location of 55 NEW RIDLEY ROAD, 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 55 NEW RIDLEY ROAD). 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.
55 NEW RIDLEY ROAD is located in STOCKSFIELD, in the NE43 postcode district. The below map shows the position of No. 55 on NEW RIDLEY ROAD.