RIVERBANK HOUSE, CASTLE ISLAND WAY, NORTH SEATON, ASHINGTON, NE63 0XL - £200,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

RIVERBANK HOUSE is a very large semi-detached house of 279m², built sometime between 1930 and 1949. It was last sold for £200,000 in April 2012, which was around 12% below the average April 2012 detached price in the Northumberland local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was C.

RIVERBANK HOUSE Sold Prices

Land registry data shows two sales for RIVERBANK 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 RIVERBANK HOUSE sales were for below 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
2012 16 APR	£200,000	£228,502	12% below HPI
2009 1 DEC	£172,500	£242,364	29% below HPI

RIVERBANK 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 RIVERBANK HOUSE sales from December 2009 and April 2012 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 December 2009 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2012 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is RIVERBANK HOUSE?

RIVERBANK HOUSE is 279m² according to the EPC inspection conducted in December 2010. This puts it in the largest 10% of detached houses in Ashington, based on EPC data. The below chart shows the distribution of detached houses by size in Ashington, and where RIVERBANK HOUSE lies on this distribution: More than 99% of detached houses are smaller than RIVERBANK HOUSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Ashington.

RIVERBANK HOUSE: Plot and Title Map

RIVERBANK HOUSE sits on a plot of roughly 0.261 of an acre, or 1,057m². The below map shows the location of RIVERBANK 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 RIVERBANK 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 RIVERBANK HOUSE?

RIVERBANK HOUSE is located on CASTLE ISLAND WAY in NORTH SEATON, in the NE63 postcode district. The below map shows the position of RIVERBANK HOUSE on CASTLE ISLAND WAY.