8, THE RISE, PONTELAND, NEWCASTLE UPON TYNE, NE20 9LJ - £440,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 THE RISE is a very small detached house of 95m², built sometime between 1967 and 1975, which could now be worth an estimated £468,267. It was last sold for £440,000 in January 2024, which was around 30% above the average January 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

8 THE RISE Sold Prices

Land registry data shows two sales for 8 THE RISE 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 8 THE RISE 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
2024 19 JAN	£440,000	£338,070	30% above HPI
1997 17 OCT	£114,950	£90,322	27% above HPI

8 THE RISE 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 8 THE RISE sales from October 1997 and January 2024 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 1997 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the January 2024 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 8 THE RISE be worth now?

8 THE RISE might now be worth an estimated £468,267.

This is based on house price inflation of 6.4%, between January 2024 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 6.4% inflationary increase is applied to the most recent sale price for 8 THE RISE of £440,000 on 19th January 2024. For the value to have increased from £440,000 to £468,267 over the eleven months to February 2025, the following assumptions must hold true:

• The value of 8 THE RISE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The January 2024 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE RISE has not materially changed since January 2024.

How Large is 8 THE RISE?

8 THE RISE is 95m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% 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 8 THE RISE lies on this distribution: 8% of detached houses houses are smaller than 8 THE RISE, and 92% of houses are larger. Note that EPC data is not available for all properties in Ponteland.

8 THE RISE: Plot and Title Map

8 THE RISE sits on a plot of roughly 0.270 of an acre, or 1,094m². The below map shows the location of 8 THE RISE, 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 THE RISE). 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 8 THE RISE?

8 THE RISE is located in PONTELAND, in the NE20 postcode district. The below map shows the position of No. 8 on THE RISE.