PINECREST, LONG RIGG, RIDING MILL, NE44 6AL - £480,000

PINECREST is a small extended detached house of 135m², built sometime between 1930 and 1949. It was last sold for £480,000 in July 2017, which was around 91% above the average July 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was A.

PINECREST Sold Prices

Land registry data shows two sales for PINECREST 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 PINECREST 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
2017 3 JUL	£480,000	£251,182	91% above HPI
1999 30 JUN	£166,800	£95,555	75% above HPI

PINECREST 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 PINECREST sales from June 1999 and July 2017 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 June 1999 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the July 2017 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

How Large is PINECREST?

PINECREST is 135m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 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 PINECREST lies on this distribution: 29% of detached houses are smaller than PINECREST, and 71% of houses are larger. Note that EPC data is not available for all properties in Riding Mill.

PINECREST: Plot and Title Map

PINECREST sits on a plot of roughly 0.323 of an acre, or 1,308m². The below map shows the location of PINECREST, 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 PINECREST). 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 PINECREST?

PINECREST is located on LONG RIGG in RIDING MILL, in the NE44 postcode district. The below map shows the position of PINECREST on LONG RIGG.