12, THE RIDINGS, WHITLEY BAY, NE25 9XZ - £225,000

12 THE RIDINGS is a very small detached house of 98m², built sometime between 1991 and 1995. It was last sold for £225,000 in September 2013, which was around 6% below the average September 2013 detached price in the North Tyneside local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

12 THE RIDINGS Sold Prices

Land registry data shows two sales for 12 THE RIDINGS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. One of the two 12 THE RIDINGS sales was for below the average price, whilst the other was 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
2013 23 SEP	£225,000	£239,043	6% below HPI
2005 1 DEC	£246,000	£229,676	7% above HPI

12 THE RIDINGS Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 12 THE RIDINGS sales from December 2005 and September 2013 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 2005 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2013 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 12 THE RIDINGS?

12 THE RIDINGS is 98m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 20% of detached houses in Whitley Bay, based on EPC data. The below chart shows the distribution of detached houses by size in Whitley Bay, and where 12 THE RIDINGS lies on this distribution: 16% of detached houses are smaller than 12 THE RIDINGS, and 84% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

12 THE RIDINGS: Plot and Title Map

12 THE RIDINGS sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 12 THE RIDINGS, 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 12 THE RIDINGS). 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 12 THE RIDINGS?

12 THE RIDINGS is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 12 on THE RIDINGS.