IMATRA, MARCHBURN LANE, RIDING MILL, NE44 6DN - £379,950

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.

IMATRA is a small extended semi-detached house of 147m², built sometime between 1930 and 1949, which could now be worth an estimated £512,849. It was last sold for £379,950 in October 2018, which was around 163% above the average October 2018 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

IMATRA Sold Prices

Land registry data shows two sales for IMATRA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. Both of the two IMATRA 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 26 OCT	£379,950	£144,651	163% above HPI
2011 26 OCT	£315,000	£127,941	146% above HPI

IMATRA Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Northumberland local authority area over time, sourced from the HPI. The two IMATRA sales from October 2011 and October 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 October 2011 sale was for 146% above the HPI. So the extrapolation line tracks at 146% above the HPI over time, until the October 2018 sale, where it rises to 163% above the HPI. The line then continues to track at 163% above the HPI.

What might IMATRA be worth now?

IMATRA might now be worth an estimated £512,849.

This is based on house price inflation of 35%, between October 2018 and February 2025, for semi-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 IMATRA of £379,950 on 26th October 2018. For the value to have increased from £379,950 to £512,849 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of IMATRA has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The October 2018 sale price of £379,950 represented a fair market value for the property.
• The size, condition, and specification of IMATRA has not materially changed since October 2018.

How Large is IMATRA?

IMATRA is 147m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% of semi-detached houses houses in Riding Mill, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Riding Mill, and where IMATRA lies on this distribution: 34% of semi-detached houses houses are smaller than IMATRA, and 65% of houses are larger. Note that EPC data is not available for all properties in Riding Mill.

IMATRA: Plot and Title Map

IMATRA sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of IMATRA, 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 IMATRA). 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 IMATRA?

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