4, OAKLANDS, RIDING MILL, NE44 6AS - £480,000

4 OAKLANDS is a large extended detached house of 193m², built sometime between 1967 and 1975. It was last sold for £480,000 in August 2016, which was around 89% above the average August 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

4 OAKLANDS Sold Prices

Land registry data shows two sales for 4 OAKLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 4 OAKLANDS 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
2016 12 AUG	£480,000	£253,697	89% above HPI
1995 4 MAY	£122,000	£81,290	50% above HPI

4 OAKLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 4 OAKLANDS sales from May 1995 and August 2016 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 1995 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the August 2016 sale, where it rises to 89% above the HPI. The line then continues to track at 89% above the HPI.

How Large is 4 OAKLANDS?

4 OAKLANDS is 193m², which includes three extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 40% of detached houses in Riding Mill, based on EPC data. The below chart shows the distribution of detached houses by size in Riding Mill, and where 4 OAKLANDS lies on this distribution: 67% of detached houses are smaller than 4 OAKLANDS, and 33% of houses are larger. Note that EPC data is not available for all properties in Riding Mill.

4 OAKLANDS: Plot and Title Map

4 OAKLANDS sits on a plot of roughly 0.229 of an acre, or 927m². The below map shows the location of 4 OAKLANDS, 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 OAKLANDS). 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 OAKLANDS?

4 OAKLANDS is located in RIDING MILL, in the NE44 postcode district. The below map shows the position of No. 4 on OAKLANDS.