BRIERLEA, MARCHBURN LANE, RIDING MILL, NE44 6DN - £374,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

BRIERLEA is a very small extended detached house of 119m², built sometime between 1930 and 1949. It was last sold for £374,500 in June 2021, which was around 28% above the average June 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

BRIERLEA Sold Prices

Land registry data shows three sales for BRIERLEA since 1^st 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. All of the three BRIERLEA 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 3 JUN	£374,500	£291,776	28% above HPI
2010 21 MAY	£297,000	£247,717	20% above HPI
2003 8 AUG	£215,000	£174,395	23% above HPI

BRIERLEA 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 three BRIERLEA sales between August 2003 and June 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 May 2010 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2021 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is BRIERLEA?

BRIERLEA is 119m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% of detached houses in Riding Mill, based on EPC data. The below chart shows the distribution of detached houses by size in Riding Mill, and where BRIERLEA lies on this distribution: 19% of detached houses are smaller than BRIERLEA, and 81% of houses are larger. Note that EPC data is not available for all properties in Riding Mill.

BRIERLEA: Plot and Title Map

BRIERLEA sits on a plot of roughly 0.146 of an acre, or 591m². The below map shows the location of BRIERLEA, 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 BRIERLEA). 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 BRIERLEA?

BRIERLEA is located on MARCHBURN LANE in RIDING MILL, in the NE44 postcode district. The below map shows the position of BRIERLEA on MARCHBURN LANE.