TANGLEWOOD LODGE, MARCHBURN LANE, RIDING MILL, NE44 6DN - £910,000

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

TANGLEWOOD LODGE is a large detached house of 245m², built sometime between 1991 and 1995. It was last sold for £910,000 in September 2021, which was around 213% above the average September 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

TANGLEWOOD LODGE Sold Prices

Land registry data shows two sales for TANGLEWOOD LODGE 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 TANGLEWOOD LODGE 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 SEP	£910,000	£290,345	213% above HPI
1998 23 JUL	£290,000	£91,039	219% above HPI

TANGLEWOOD LODGE 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 TANGLEWOOD LODGE sales from July 1998 and September 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 July 1998 sale was for 219% above the HPI. So the extrapolation line tracks at 219% above the HPI over time, until the September 2021 sale, where it falls to 213% above the HPI. The line then continues to track at 213% above the HPI.

How Large is TANGLEWOOD LODGE?

TANGLEWOOD LODGE is 245m² according to the EPC inspection conducted in September 2020. This puts it in the largest 20% 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 TANGLEWOOD LODGE lies on this distribution: 79% of detached houses are smaller than TANGLEWOOD LODGE, and 20% of houses are larger. Note that EPC data is not available for all properties in Riding Mill.

TANGLEWOOD LODGE: Plot and Title Map

TANGLEWOOD LODGE sits on a plot of roughly 0.714 of an acre, or 2,888m². The below map shows the location of TANGLEWOOD LODGE, 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 TANGLEWOOD LODGE). 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 TANGLEWOOD LODGE?

TANGLEWOOD LODGE is located on MARCHBURN LANE in RIDING MILL, in the NE44 postcode district. The below map shows the position of TANGLEWOOD LODGE on MARCHBURN LANE.