GARTH HOUSE, SANDY BANK, RIDING MILL, NE44 6HT - £450,000

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

GARTH HOUSE is a large detached house of 189m², built sometime between 1950 and 1966. It was last sold for £450,000 in January 2013, which was around 101% above the average January 2013 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

GARTH HOUSE Sold Prices

Land registry data shows two sales for GARTH HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two GARTH HOUSE 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
2013 18 JAN	£450,000	£223,852	101% above HPI
2003 29 AUG	£375,000	£174,395	115% above HPI

GARTH HOUSE 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 two GARTH HOUSE sales from August 2003 and January 2013 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 2003 sale was for 115% above the HPI. So the extrapolation line tracks at 115% above the HPI over time, until the January 2013 sale, where it falls to 101% above the HPI. The line then continues to track at 101% above the HPI.

How Large is GARTH HOUSE?

GARTH HOUSE is 189m² according to the EPC inspection conducted in February 2012. This puts it in the largest 40% 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 GARTH HOUSE lies on this distribution: 65% of detached houses are smaller than GARTH HOUSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Riding Mill.

GARTH HOUSE: Plot and Title Map

GARTH HOUSE sits on a plot of roughly 0.707 of an acre, or 2,862m². The below map shows the location of GARTH HOUSE, 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 GARTH HOUSE). 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 GARTH HOUSE?

GARTH HOUSE is located on SANDY BANK in RIDING MILL, in the NE44 postcode district. The below map shows the position of GARTH HOUSE on SANDY BANK.