9, THE RIDINGS, WHITLEY BAY, NE25 9XZ - £680,000

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 THE RIDINGS is a very large extended detached house of 228m², built sometime between 1983 and 1990, which could now be worth an estimated £833,325. It was last sold for £680,000 in April 2021, which was around 124% above the average April 2021 detached price in the North Tyneside local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was C.

9 THE RIDINGS Sold Prices

Land registry data shows three sales for 9 THE RIDINGS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. All of the three 9 THE RIDINGS 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
2021 29 APR	£680,000	£304,075	124% above HPI
2010 26 FEB	£337,500	£223,997	51% above HPI
2009 22 APR	£320,000	£213,378	50% above HPI

9 THE RIDINGS 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 three 9 THE RIDINGS sales between April 2009 and April 2021 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 February 2010 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the April 2021 sale, where it rises to 124% above the HPI. The line then continues to track at 124% above the HPI.

What might 9 THE RIDINGS be worth now?

9 THE RIDINGS might now be worth an estimated £833,325.

This is based on house price inflation of 22.5%, between April 2021 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 22.5% inflationary increase is applied to the most recent sale price for 9 THE RIDINGS of £680,000 on 29th April 2021. For the value to have increased from £680,000 to £833,325 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 9 THE RIDINGS has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The April 2021 sale price of £680,000 represented a fair market value for the property.
• The size, condition, and specification of 9 THE RIDINGS has not materially changed since April 2021.

How Large is 9 THE RIDINGS?

9 THE RIDINGS is 228m², which includes three extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 10% 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 9 THE RIDINGS lies on this distribution: 95% of detached houses houses are smaller than 9 THE RIDINGS, and 5% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

9 THE RIDINGS: Plot and Title Map

9 THE RIDINGS sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of 9 THE RIDINGS, 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 THE RIDINGS). 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 THE RIDINGS?

9 THE RIDINGS is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 9 on THE RIDINGS.