OLD TAVERN HOUSE, RIDING MILL, NE44 6DX - £275,000

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

OLD TAVERN HOUSE is a large extended detached house of 199m², built sometime before 1900. It was last sold for £275,000 in June 2010, which was around 14% above the average June 2010 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

OLD TAVERN HOUSE Sold Prices

Land registry data shows two sales for OLD TAVERN 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 OLD TAVERN 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
2010 17 JUN	£275,000	£241,256	14% above HPI
1998 27 NOV	£142,000	£95,268	49% above HPI

OLD TAVERN 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 OLD TAVERN HOUSE sales from November 1998 and June 2010 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 November 1998 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the June 2010 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is OLD TAVERN HOUSE?

OLD TAVERN HOUSE is 199m², which includes four extensions, according to the EPC inspection conducted in April 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 OLD TAVERN HOUSE lies on this distribution: 69% of detached houses are smaller than OLD TAVERN HOUSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Riding Mill.

OLD TAVERN HOUSE: Plot and Title Map

OLD TAVERN HOUSE sits on a plot of roughly 0.154 of an acre, or 624m². The below map shows the location of OLD TAVERN 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 OLD TAVERN 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 OLD TAVERN HOUSE?

OLD TAVERN HOUSE is located in RIDING MILL, in the NE44 postcode district. The below map shows the position of OLD TAVERN HOUSE in RIDING MILL.