3 WELL RIDGE PARK is a midsized extended detached house of 142m², built sometime between 1991 and 1995. It was last sold for £554,000 in July 2021, which was around 78% above the average July 2021 detached price in the North Tyneside local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 3 WELL RIDGE PARK since 1st 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. Both of the two 3 WELL RIDGE PARK 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 30 JUL | £554,000 | £310,601 | 78% above HPI |
2015 20 FEB | £435,000 | £248,967 | 75% above HPI |
The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 3 WELL RIDGE PARK sales from February 2015 and July 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 February 2015 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the July 2021 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.
3 WELL RIDGE PARK is 142m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 50% 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 3 WELL RIDGE PARK lies on this distribution: 59% of detached houses are smaller than 3 WELL RIDGE PARK, and 41% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.
3 WELL RIDGE PARK sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 3 WELL RIDGE PARK, 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 3 WELL RIDGE PARK). 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.
3 WELL RIDGE PARK is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 3 on WELL RIDGE PARK.