8, WELL RIDGE PARK, WHITLEY BAY, NE25 9PQ - £623,000

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.

8 WELL RIDGE PARK is a midsized detached house of 133m², built sometime between 1991 and 1995, which could now be worth an estimated £631,046. It was last sold for £623,000 in October 2024, which was around 69% above the average October 2024 detached price in the North Tyneside 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 WELL RIDGE PARK Sold Prices

Land registry data shows two sales for 8 WELL RIDGE PARK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 8 WELL RIDGE PARK 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 15 OCT	£623,000	£367,886	69% above HPI
2010 1 JUL	£375,000	£229,942	63% above HPI

8 WELL RIDGE PARK Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 8 WELL RIDGE PARK sales from July 2010 and October 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 July 2010 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the October 2024 sale, where it rises to 69% above the HPI. The line then continues to track at 69% above the HPI.

What might 8 WELL RIDGE PARK be worth now?

8 WELL RIDGE PARK might now be worth an estimated £631,046.

This is based on house price inflation of 1.3%, between October 2024 and February 2025, for detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.3% inflationary increase is applied to the most recent sale price for 8 WELL RIDGE PARK of £623,000 on 15th October 2024. For the value to have increased from £623,000 to £631,046 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 8 WELL RIDGE PARK has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The October 2024 sale price of £623,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WELL RIDGE PARK has not materially changed since October 2024.

How Large is 8 WELL RIDGE PARK?

8 WELL RIDGE PARK is 133m² according to the EPC inspection conducted in October 2023. This puts it in the largest 50% of detached houses houses in Whitley Bay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitley Bay, and where 8 WELL RIDGE PARK lies on this distribution: 51% of detached houses houses are smaller than 8 WELL RIDGE PARK, and 48% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

8 WELL RIDGE PARK: Plot and Title Map

8 WELL RIDGE PARK sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of 8 WELL RIDGE PARK, 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 WELL RIDGE PARK). 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 WELL RIDGE PARK?

8 WELL RIDGE PARK is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 8 on WELL RIDGE PARK.