34, THE RIDINGS, WHITLEY BAY, NE25 9XZ - £108,000

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.

34 THE RIDINGS is a very small extended terraced house of 35m², built sometime between 1991 and 1995, which could now be worth an estimated £152,501. It was last sold for £108,000 in May 2015, which was around 18% below the average May 2015 terraced price in the North Tyneside local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

34 THE RIDINGS Sold Prices

Land registry data shows three sales for 34 THE RIDINGS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the North Tyneside local authority area for the corresponding sale date. All of the three 34 THE RIDINGS sales were for below 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
2015 8 MAY	£108,000	£131,599	18% below HPI
2006 10 MAY	£94,950	£122,187	22% below HPI
2005 10 AUG	£70,000	£114,815	39% below HPI

34 THE RIDINGS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Tyneside local authority area over time, sourced from the HPI. The three 34 THE RIDINGS sales between August 2005 and May 2015 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 May 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2015 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 34 THE RIDINGS be worth now?

34 THE RIDINGS might now be worth an estimated £152,501.

This is based on house price inflation of 41.2%, between May 2015 and July 2025, for terraced houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.2% inflationary increase is applied to the most recent sale price for 34 THE RIDINGS of £108,000 on 8th May 2015. For the value to have increased from £108,000 to £152,501 over the nine years and ten months to July 2025, the following assumptions must hold true:

• The value of 34 THE RIDINGS has moved in line with the HPI for terraced houses in the North Tyneside local authority area.
• The May 2015 sale price of £108,000 represented a fair market value for the property.
• The size, condition, and specification of 34 THE RIDINGS has not materially changed since May 2015.

How Large is 34 THE RIDINGS?

34 THE RIDINGS is 35m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of terraced houses houses in Whitley Bay, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Whitley Bay, and where 34 THE RIDINGS lies on this distribution: Less than 1% of terraced houses houses are smaller than 34 THE RIDINGS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

34 THE RIDINGS: Plot and Title Map

34 THE RIDINGS sits on a plot of roughly 0.011 of an acre, or 46m². The below map shows the location of 34 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 34 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 34 THE RIDINGS?

34 THE RIDINGS is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 34 on THE RIDINGS.