4, HIGH RIDGE, BEDLINGTON, NE22 6EF - £120,000

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.

4 HIGH RIDGE is a very small extended terraced house of 80m², built sometime between 1900 and 1929, which could now be worth an estimated £139,972. It was last sold for £120,000 in May 2023, which was around 17% below the average May 2023 terraced price in the Northumberland local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was C.

4 HIGH RIDGE Sold Prices

Land registry data shows three sales for 4 HIGH RIDGE 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 4 HIGH RIDGE 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
2023 11 MAY	£120,000	£144,750	17% below HPI
2018 11 JAN	£93,000	£115,918	20% below HPI
2002 19 APR	£45,000	£47,951	6% below HPI

4 HIGH RIDGE 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 4 HIGH RIDGE sales between April 2002 and May 2023 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 January 2018 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2023 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 4 HIGH RIDGE be worth now?

4 HIGH RIDGE might now be worth an estimated £139,972.

This is based on house price inflation of 16.6%, between May 2023 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 16.6% inflationary increase is applied to the most recent sale price for 4 HIGH RIDGE of £120,000 on 11th May 2023. For the value to have increased from £120,000 to £139,972 over the three years to May 2026, the following assumptions must hold true:

• The value of 4 HIGH RIDGE has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The May 2023 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HIGH RIDGE has not materially changed since May 2023.

How Large is 4 HIGH RIDGE?

4 HIGH RIDGE is 80m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 20% of terraced houses houses in Bedlington, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bedlington, and where 4 HIGH RIDGE lies on this distribution: 12% of terraced houses houses are smaller than 4 HIGH RIDGE, and 87% of houses are larger. Note that EPC data is not available for all properties in Bedlington.

4 HIGH RIDGE: Plot and Title Map

4 HIGH RIDGE sits on a plot of roughly 0.019 of an acre, or 76m². The below map shows the location of 4 HIGH RIDGE, 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 4 HIGH RIDGE). 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 4 HIGH RIDGE?

4 HIGH RIDGE is located in BEDLINGTON, in the NE22 postcode district. The below map shows the position of No. 4 on HIGH RIDGE.