KNOTTS WOOD, RIDING MILL, NE44 6HL - £420,000

KNOTTS WOOD is a large extended detached house of 220m², built sometime between 1950 and 1966. It was last sold for £420,000 in October 2018, which was around 60% above the average October 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was B.

KNOTTS WOOD Sold Prices

Land registry data shows two sales for KNOTTS WOOD 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 KNOTTS WOOD 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 1 OCT	£420,000	£261,980	60% above HPI
2003 31 MAR	£290,000	£143,589	102% above HPI

KNOTTS WOOD 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 KNOTTS WOOD sales from March 2003 and October 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 March 2003 sale was for 102% above the HPI. So the extrapolation line tracks at 102% above the HPI over time, until the October 2018 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is KNOTTS WOOD?

KNOTTS WOOD is 220m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 30% 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 KNOTTS WOOD lies on this distribution: 74% of detached houses are smaller than KNOTTS WOOD, and 26% of houses are larger. Note that EPC data is not available for all properties in Riding Mill.

KNOTTS WOOD: Plot and Title Map

KNOTTS WOOD sits on a plot of roughly 0.530 of an acre, or 2,147m². The below map shows the location of KNOTTS WOOD, 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 KNOTTS WOOD). 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 KNOTTS WOOD?

KNOTTS WOOD is located in RIDING MILL, in the NE44 postcode district. The below map shows the position of KNOTTS WOOD in RIDING MILL.