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
8 RIDING GRANGE is a small extended detached house of 154m², built sometime between 1996 and 2002. It was last sold for £735,000 in August 2022, which was around 131% above the average August 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 8 RIDING GRANGE since 1st 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 8 RIDING GRANGE 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 |
---|---|---|---|
2022 12 AUG | £735,000 | £317,779 | 131% above HPI |
1997 12 SEP | £245,000 | £88,803 | 176% above HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 8 RIDING GRANGE sales from September 1997 and August 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 September 1997 sale was for 176% above the HPI. So the extrapolation line tracks at 176% above the HPI over time, until the August 2022 sale, where it falls to 131% above the HPI. The line then continues to track at 131% above the HPI.
8 RIDING GRANGE is 154m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the smallest 40% of detached houses in Riding Mill, based on EPC data. The below chart shows the distribution of detached houses by size in Riding Mill, and where 8 RIDING GRANGE lies on this distribution: 36% of detached houses are smaller than 8 RIDING GRANGE, and 64% of houses are larger. Note that EPC data is not available for all properties in Riding Mill.
8 RIDING GRANGE sits on a plot of roughly 0.157 of an acre, or 633m². The below map shows the location of 8 RIDING GRANGE, 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 8 RIDING GRANGE). 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.
8 RIDING GRANGE is located in RIDING MILL, in the NE44 postcode district. The below map shows the position of No. 8 on RIDING GRANGE.