4, RIVERMEDE, PONTELAND, NEWCASTLE UPON TYNE, NE20 9XA - £330,000

4 RIVERMEDE is a very small detached house of 59m², built sometime between 1967 and 1975. It was last sold for £330,000 in November 2018, which was around 28% above the average November 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

4 RIVERMEDE Sold Prices

Land registry data shows two sales for 4 RIVERMEDE 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 RIVERMEDE 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
2018 5 NOV	£330,000	£257,827	28% above HPI
2010 29 OCT	£275,000	£251,056	10% above HPI

4 RIVERMEDE 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 RIVERMEDE sales from October 2010 and November 2018 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 October 2010 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2018 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 4 RIVERMEDE?

4 RIVERMEDE is 59m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% of detached houses in Ponteland, based on EPC data. The below chart shows the distribution of detached houses by size in Ponteland, and where 4 RIVERMEDE lies on this distribution: Less than 1% of detached houses are smaller than 4 RIVERMEDE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Ponteland.

4 RIVERMEDE: Plot and Title Map

4 RIVERMEDE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 4 RIVERMEDE, 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 RIVERMEDE). 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 RIVERMEDE?

4 RIVERMEDE is located in PONTELAND, in the NE20 postcode district. The below map shows the position of No. 4 on RIVERMEDE.