SHAFTESBURY HOUSE, RIDING MILL, NE44 6HX - £850,000

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.

SHAFTESBURY HOUSE is a very large extended detached house of 434m², built sometime between 1900 and 1929, which could now be worth an estimated £1,308,581. It was last sold for £850,000 in May 2012, which was around 264% above the average May 2012 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2009, where the current energy rating was F, and the potential energy rating was D.

SHAFTESBURY HOUSE Sold Prices

Land registry data shows two sales for SHAFTESBURY 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 SHAFTESBURY 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
2012 31 MAY	£850,000	£233,704	264% above HPI
2002 11 JUN	£650,000	£129,106	403% above HPI

SHAFTESBURY 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 SHAFTESBURY HOUSE sales from June 2002 and May 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 June 2002 sale was for 403% above the HPI. So the extrapolation line tracks at 403% above the HPI over time, until the May 2012 sale, where it falls to 264% above the HPI. The line then continues to track at 264% above the HPI.

What might SHAFTESBURY HOUSE be worth now?

SHAFTESBURY HOUSE might now be worth an estimated £1,308,581.

This is based on house price inflation of 54%, between May 2012 and February 2025, for 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 54% inflationary increase is applied to the most recent sale price for SHAFTESBURY HOUSE of £850,000 on 31st May 2012. For the value to have increased from £850,000 to £1,308,581 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of SHAFTESBURY HOUSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The May 2012 sale price of £850,000 represented a fair market value for the property.
• The size, condition, and specification of SHAFTESBURY HOUSE has not materially changed since May 2012.

How Large is SHAFTESBURY HOUSE?

SHAFTESBURY HOUSE is 434m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the largest 10% of detached houses houses in Riding Mill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Riding Mill, and where SHAFTESBURY HOUSE lies on this distribution: 99% of detached houses houses are smaller than SHAFTESBURY HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Riding Mill.

SHAFTESBURY HOUSE: Plot and Title Map

SHAFTESBURY HOUSE sits on a plot of roughly 1.4 acres, or 5,856m². The below map shows the location of SHAFTESBURY 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 SHAFTESBURY 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 SHAFTESBURY HOUSE?

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