9, RIDGELY CLOSE, PONTELAND, NEWCASTLE UPON TYNE, NE20 9BN - £445,000

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.

9 RIDGELY CLOSE is a midsized extended detached house of 170m², built sometime between 1950 and 1966, which could now be worth an estimated £600,562. It was last sold for £445,000 in May 2018, which was around 67% above the average May 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

9 RIDGELY CLOSE Sold Prices

Land registry data shows four sales for 9 RIDGELY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Most of the four 9 RIDGELY CLOSE 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
2018 17 MAY	£445,000	£266,594	67% above HPI
2017 24 AUG	£440,000	£265,787	66% above HPI
2015 30 OCT	£290,000	£258,209	12% above HPI
2004 9 JUL	£162,000	£212,366	24% below HPI

9 RIDGELY 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 four 9 RIDGELY CLOSE sales between July 2004 and May 2018 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 2017 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the May 2018 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might 9 RIDGELY CLOSE be worth now?

9 RIDGELY CLOSE might now be worth an estimated £600,562.

This is based on house price inflation of 35%, between May 2018 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 35% inflationary increase is applied to the most recent sale price for 9 RIDGELY CLOSE of £445,000 on 17th May 2018. For the value to have increased from £445,000 to £600,562 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 9 RIDGELY CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The May 2018 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 9 RIDGELY CLOSE has not materially changed since May 2018.

How Large is 9 RIDGELY CLOSE?

9 RIDGELY CLOSE is 170m², which includes three extensions, according to the EPC inspection conducted in March 2018. This puts it in the smallest 50% 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 9 RIDGELY CLOSE lies on this distribution: 49% of detached houses houses are smaller than 9 RIDGELY CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Ponteland.

9 RIDGELY CLOSE: Plot and Title Map

9 RIDGELY CLOSE sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 9 RIDGELY 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 9 RIDGELY 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 9 RIDGELY CLOSE?

9 RIDGELY CLOSE is located in PONTELAND, in the NE20 postcode district. The below map shows the position of No. 9 on RIDGELY CLOSE.