39, THE RIDINGS, WHITLEY BAY, NE25 9XZ - £94,000

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.

39 THE RIDINGS is a very small extended terraced house of 39m², built sometime between 1983 and 1990, which could now be worth an estimated £121,945. It was last sold for £94,000 in May 2020, which was around 34% below the average May 2020 terraced price in the North Tyneside local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was C.

39 THE RIDINGS Sold Prices

Land registry data shows three sales for 39 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 39 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
2020 19 MAY	£94,000	£143,240	34% below HPI
1998 17 JUL	£37,500	£40,946	8% below HPI
1995 15 NOV	£32,500	£36,394	11% below HPI

39 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 39 THE RIDINGS sales between November 1995 and May 2020 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 July 1998 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2020 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 39 THE RIDINGS be worth now?

39 THE RIDINGS might now be worth an estimated £121,945.

This is based on house price inflation of 29.7%, between May 2020 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 29.7% inflationary increase is applied to the most recent sale price for 39 THE RIDINGS of £94,000 on 19th May 2020. For the value to have increased from £94,000 to £121,945 over the four years and ten months to July 2025, the following assumptions must hold true:

• The value of 39 THE RIDINGS has moved in line with the HPI for terraced houses in the North Tyneside local authority area.
• The May 2020 sale price of £94,000 represented a fair market value for the property.
• The size, condition, and specification of 39 THE RIDINGS has not materially changed since May 2020.

How Large is 39 THE RIDINGS?

39 THE RIDINGS is 39m², which includes one extension, according to the EPC inspection conducted in July 2012. 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 39 THE RIDINGS lies on this distribution: Less than 1% of terraced houses houses are smaller than 39 THE RIDINGS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Whitley Bay.

39 THE RIDINGS: Plot and Title Map

39 THE RIDINGS sits on a plot of roughly 0.014 of an acre, or 55m². The below map shows the location of 39 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 39 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 39 THE RIDINGS?

39 THE RIDINGS is located in WHITLEY BAY, in the NE25 postcode district. The below map shows the position of No. 39 on THE RIDINGS.