1, RIDGEWAY, HOLYWELL, WHITLEY BAY, NE25 0PH - £425,000

1 RIDGEWAY is a very large detached house of 225m², built sometime between 1983 and 1990. It was last sold for £425,000 in July 2012, which was around 86% above the average July 2012 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

1 RIDGEWAY Sold Prices

Land registry data shows three sales for 1 RIDGEWAY 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. All of the three 1 RIDGEWAY 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 12 JUL	£425,000	£228,477	86% above HPI
2007 28 SEP	£397,500	£263,426	51% above HPI
1998 20 NOV	£171,500	£95,268	80% above HPI

1 RIDGEWAY 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 1 RIDGEWAY sales between November 1998 and July 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 September 2007 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the July 2012 sale, where it rises to 86% above the HPI. The line then continues to track at 86% above the HPI.

How Large is 1 RIDGEWAY?

1 RIDGEWAY is 225m² according to the EPC inspection conducted in November 2011. This puts it in the largest 10% of detached houses in Seaton Delaval, based on EPC data. The below chart shows the distribution of detached houses by size in Seaton Delaval, and where 1 RIDGEWAY lies on this distribution: 98% of detached houses are smaller than 1 RIDGEWAY, and 2% of houses are larger. Note that EPC data is not available for all properties in Seaton Delaval.

1 RIDGEWAY: Plot and Title Map

1 RIDGEWAY sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 1 RIDGEWAY, 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 1 RIDGEWAY). 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 1 RIDGEWAY?

1 RIDGEWAY is located in HOLYWELL, in the NE25 postcode district. The below map shows the position of No. 1 on RIDGEWAY.