6, RIDLEY CLOSE, HEXHAM, NE46 2HY - £328,000

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

6 RIDLEY CLOSE is a small extended detached house of 113m², built sometime between 1983 and 1990. It was last sold for £328,000 in January 2022, which was around 12% above the average January 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

6 RIDLEY CLOSE Sold Prices

Land registry data shows three sales for 6 RIDLEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Two of the three 6 RIDLEY CLOSE sales were for above the average price, whilst one was for below 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
2022 18 JAN	£328,000	£293,648	12% above HPI
2012 3 AUG	£215,000	£232,782	8% below HPI
2002 22 FEB	£138,500	£117,430	18% above HPI

6 RIDLEY CLOSE 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 three 6 RIDLEY CLOSE sales between February 2002 and January 2022 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 2012 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2022 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 6 RIDLEY CLOSE?

6 RIDLEY CLOSE is 113m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the smallest 30% of detached houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses by size in Hexham, and where 6 RIDLEY CLOSE lies on this distribution: 27% of detached houses are smaller than 6 RIDLEY CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Hexham.

6 RIDLEY CLOSE: Plot and Title Map

6 RIDLEY CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 6 RIDLEY 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 6 RIDLEY 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 6 RIDLEY CLOSE?

6 RIDLEY CLOSE is located in HEXHAM, in the NE46 postcode district. The below map shows the position of No. 6 on RIDLEY CLOSE.