43, RIDGELY DRIVE, PONTELAND, NEWCASTLE UPON TYNE, NE20 9BJ - £400,000

43 RIDGELY DRIVE is a small extended detached house of 125m², built sometime between 1950 and 1966. It was last sold for £400,000 in July 2020, which was around 53% above the average July 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was C.

43 RIDGELY DRIVE Sold Prices

Land registry data shows four sales for 43 RIDGELY DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four 43 RIDGELY DRIVE 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
2020 28 JUL	£400,000	£261,110	53% above HPI
2007 2 NOV	£330,000	£263,282	25% above HPI
2001 6 AUG	£178,000	£114,093	56% above HPI
2000 20 MAR	£149,000	£96,231	55% above HPI

43 RIDGELY DRIVE 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 four 43 RIDGELY DRIVE sales between March 2000 and July 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 November 2007 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the July 2020 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 43 RIDGELY DRIVE?

43 RIDGELY DRIVE is 125m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 30% of detached houses in Ponteland, based on EPC data. The below chart shows the distribution of detached houses by size in Ponteland, and where 43 RIDGELY DRIVE lies on this distribution: 21% of detached houses are smaller than 43 RIDGELY DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Ponteland.

43 RIDGELY DRIVE: Plot and Title Map

43 RIDGELY DRIVE sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 43 RIDGELY DRIVE, 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 43 RIDGELY DRIVE). 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 43 RIDGELY DRIVE?

43 RIDGELY DRIVE is located in PONTELAND, in the NE20 postcode district. The below map shows the position of No. 43 on RIDGELY DRIVE.