6, RICHMOND WAY, PONTELAND, NEWCASTLE UPON TYNE, NE20 9HU - £900,000

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.

6 RICHMOND WAY is a midsized extended detached house of 176m², built sometime between 1983 and 1990, which could now be worth an estimated £978,057. It was last sold for £900,000 in February 2023, which was around 172% above the average February 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was C.

6 RICHMOND WAY Sold Prices

Land registry data shows two sales for 6 RICHMOND WAY 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 6 RICHMOND WAY 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
2023 8 FEB	£900,000	£331,075	172% above HPI
2018 1 OCT	£525,000	£270,407	94% above HPI

6 RICHMOND WAY 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 6 RICHMOND WAY sales from October 2018 and February 2023 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 October 2018 sale was for 94% above the HPI. So the extrapolation line tracks at 94% above the HPI over time, until the February 2023 sale, where it rises to 172% above the HPI. The line then continues to track at 172% above the HPI.

What might 6 RICHMOND WAY be worth now?

6 RICHMOND WAY might now be worth an estimated £978,057.

This is based on house price inflation of 8.7%, between February 2023 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 8.7% inflationary increase is applied to the most recent sale price for 6 RICHMOND WAY of £900,000 on 8th February 2023. For the value to have increased from £900,000 to £978,057 over the two years to February 2025, the following assumptions must hold true:

• The value of 6 RICHMOND WAY has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The February 2023 sale price of £900,000 represented a fair market value for the property.
• The size, condition, and specification of 6 RICHMOND WAY has not materially changed since February 2023.

How Large is 6 RICHMOND WAY?

6 RICHMOND WAY is 176m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 50% 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 6 RICHMOND WAY lies on this distribution: 52% of detached houses houses are smaller than 6 RICHMOND WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Ponteland.

6 RICHMOND WAY: Plot and Title Map

6 RICHMOND WAY sits on a plot of roughly 0.278 of an acre, or 1,124m². The below map shows the location of 6 RICHMOND WAY, 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 6 RICHMOND WAY). 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 6 RICHMOND WAY?

6 RICHMOND WAY is located in PONTELAND, in the NE20 postcode district. The below map shows the position of No. 6 on RICHMOND WAY.