7, MOUNT RIDGE, BIRTLEY, CHESTER LE STREET, DH3 1RY - £338,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 MOUNT RIDGE is a large extended detached house of 134m², built sometime between 2003 and 2006. It was last sold for £338,000 in September 2010, which was around 63% above the average September 2010 detached price in the Gateshead local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

7 MOUNT RIDGE Sold Prices

Land registry data shows two sales for 7 MOUNT RIDGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 7 MOUNT RIDGE 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
2010 17 SEP	£338,000	£207,393	63% above HPI
2007 30 MAR	£334,995	£212,885	57% above HPI

7 MOUNT RIDGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 7 MOUNT RIDGE sales from March 2007 and September 2010 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 2007 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the September 2010 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is 7 MOUNT RIDGE?

7 MOUNT RIDGE is 134m², which includes one extension, according to the EPC inspection conducted in April 2009. This puts it in the largest 30% of detached houses in Birtley, based on EPC data. The below chart shows the distribution of detached houses by size in Birtley, and where 7 MOUNT RIDGE lies on this distribution: 77% of detached houses are smaller than 7 MOUNT RIDGE, and 22% of houses are larger. Note that EPC data is not available for all properties in Birtley.

7 MOUNT RIDGE: Plot and Title Map

7 MOUNT RIDGE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 7 MOUNT RIDGE, 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 7 MOUNT RIDGE). 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 7 MOUNT RIDGE?

7 MOUNT RIDGE is located in BIRTLEY, in the DH3 postcode district. The below map shows the position of No. 7 on MOUNT RIDGE.