RIDING COTTAGE, RIDING MILL, NE44 6DF - £660,000

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

RIDING COTTAGE is a large extended detached house of 187m², built sometime between 1900 and 1929. It was last sold for £660,000 in December 2021, which was around 132% above the average December 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

RIDING COTTAGE Sold Prices

Land registry data shows two sales for RIDING COTTAGE 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 RIDING COTTAGE 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 10 DEC	£660,000	£284,168	132% above HPI
2017 3 NOV	£320,000	£252,671	27% above HPI

RIDING COTTAGE 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 RIDING COTTAGE sales from November 2017 and December 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 November 2017 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the December 2021 sale, where it rises to 132% above the HPI. The line then continues to track at 132% above the HPI.

How Large is RIDING COTTAGE?

RIDING COTTAGE is 187m², which includes two extensions, according to the EPC inspection conducted in September 2021. 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 RIDING COTTAGE lies on this distribution: 64% of detached houses are smaller than RIDING COTTAGE, and 36% of houses are larger. Note that EPC data is not available for all properties in Riding Mill.

RIDING COTTAGE: Plot and Title Map

RIDING COTTAGE sits on a plot of roughly 0.257 of an acre, or 1,041m². The below map shows the location of RIDING COTTAGE, 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 RIDING COTTAGE). 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 RIDING COTTAGE?

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