16, RYECROFT WAY, WOOLER, NE71 6BW - £300,000

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.

16 RYECROFT WAY is a large extended terraced house of 168m², built sometime before 1900, which could now be worth an estimated £381,033. It was last sold for £300,000 in February 2021, which was around 126% above the average February 2021 terraced price in the Northumberland local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was C.

16 RYECROFT WAY Sold Prices

Land registry data shows three sales for 16 RYECROFT WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Northumberland local authority area for the corresponding sale date. All of the three 16 RYECROFT WAY 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 11 FEB	£300,000	£132,934	126% above HPI
2015 7 SEP	£235,000	£116,518	102% above HPI
2005 5 MAY	£190,000	£105,417	80% above HPI

16 RYECROFT WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Northumberland local authority area over time, sourced from the HPI. The three 16 RYECROFT WAY sales between May 2005 and February 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 September 2015 sale was for 102% above the HPI. So the extrapolation line tracks at 102% above the HPI over time, until the February 2021 sale, where it rises to 126% above the HPI. The line then continues to track at 126% above the HPI.

What might 16 RYECROFT WAY be worth now?

16 RYECROFT WAY might now be worth an estimated £381,033.

This is based on house price inflation of 27%, between February 2021 and May 2026, for terraced 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 27% inflationary increase is applied to the most recent sale price for 16 RYECROFT WAY of £300,000 on 11th February 2021. For the value to have increased from £300,000 to £381,033 over the four years and nine months to May 2026, the following assumptions must hold true:

• The value of 16 RYECROFT WAY has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The February 2021 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 16 RYECROFT WAY has not materially changed since February 2021.

How Large is 16 RYECROFT WAY?

16 RYECROFT WAY is 168m², which includes three extensions, according to the EPC inspection conducted in December 2020. This puts it in the largest 30% of terraced houses houses in Wooler, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wooler, and where 16 RYECROFT WAY lies on this distribution: 76% of terraced houses houses are smaller than 16 RYECROFT WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Wooler.

16 RYECROFT WAY: Plot and Title Map

16 RYECROFT WAY sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 16 RYECROFT WAY, 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 16 RYECROFT WAY). 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 16 RYECROFT WAY?

16 RYECROFT WAY is located in WOOLER, in the NE71 postcode district. The below map shows the position of No. 16 on RYECROFT WAY.