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
9 SOUTH RIDGE is a very large extended detached house of 140m², built sometime between 1976 and 1982. It was last sold for £240,000 in February 2005, which was around 12% above the average February 2005 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 9 SOUTH RIDGE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Two of the three 9 SOUTH RIDGE sales were for above the average price, whilst one was for below 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 |
---|---|---|---|
2005 18 FEB | £240,000 | £214,743 | 12% above HPI |
2001 19 OCT | £117,500 | £115,150 | 2% above HPI |
1997 26 JUN | £83,000 | £88,039 | 6% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 9 SOUTH RIDGE sales between June 1997 and February 2005 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 2001 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2005 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.
9 SOUTH RIDGE is 140m², which includes two extensions, according to the EPC inspection conducted in July 2015. This puts it in the largest 20% of detached houses in Ashington, based on EPC data. The below chart shows the distribution of detached houses by size in Ashington, and where 9 SOUTH RIDGE lies on this distribution: 85% of detached houses are smaller than 9 SOUTH RIDGE, and 13% of houses are larger. Note that EPC data is not available for all properties in Ashington.
9 SOUTH RIDGE sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 9 SOUTH 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 9 SOUTH 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.
9 SOUTH RIDGE is located in ASHINGTON, in the NE63 postcode district. The below map shows the position of No. 9 on SOUTH RIDGE.