RIVERSIDE, BOAT ROAD, BELLINGHAM, HEXHAM, NE48 2AP - £400,000

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

RIVERSIDE is a large detached house of 150m², built sometime between 1991 and 1995. It was last sold for £400,000 in December 2015, which was around 63% above the average December 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

RIVERSIDE Sold Prices

Land registry data shows three sales for RIVERSIDE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Two of the three RIVERSIDE sales were for above the average price, whilst one was 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
2015 16 DEC	£400,000	£245,486	63% above HPI
2001 12 SEP	£198,000	£114,504	73% above HPI
1996 13 FEB	£30,000	£77,059	61% below HPI

RIVERSIDE 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 three RIVERSIDE sales between February 1996 and December 2015 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 September 2001 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the December 2015 sale, where it falls to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is RIVERSIDE?

RIVERSIDE is 150m² according to the EPC inspection conducted in May 2011. This puts it in the largest 30% of detached houses in Bellingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bellingham, and where RIVERSIDE lies on this distribution: 72% of detached houses are smaller than RIVERSIDE, and 28% of houses are larger. Note that EPC data is not available for all properties in Bellingham.

RIVERSIDE: Plot and Title Map

RIVERSIDE sits on a plot of roughly 0.768 of an acre, or 3,108m². The below map shows the location of RIVERSIDE, 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 RIVERSIDE). 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 RIVERSIDE?

RIVERSIDE is located on BOAT ROAD in BELLINGHAM, in the NE48 postcode district. The below map shows the position of RIVERSIDE on BOAT ROAD.