15, RIDLEY CLOSE, HEXHAM, NE46 2HY - £168,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 RIDLEY CLOSE is a detached house, which could now be worth an estimated £525,788. It was last sold for £168,500 in August 2001, which was around 43% above the average August 2001 detached price in the Northumberland local authority area.

15 RIDLEY CLOSE Sold Prices

Land registry data shows one sale for 15 RIDLEY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Northumberland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2001 9 AUG	£168,500	£117,763	43% above HPI

What might 15 RIDLEY CLOSE be worth now?

15 RIDLEY CLOSE might now be worth an estimated £525,788.

This is based on house price inflation of 212%, between August 2001 and May 2026, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 212% inflationary increase is applied to the most recent sale price for 15 RIDLEY CLOSE of £168,500 on 9th August 2001. For the value to have increased from £168,500 to £525,788 over the 25 years and three months to May 2026, the following assumptions must hold true:

• The value of 15 RIDLEY CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The August 2001 sale price of £168,500 represented a fair market value for the property.
• The size, condition, and specification of 15 RIDLEY CLOSE has not materially changed since August 2001.

Where is 15 RIDLEY CLOSE?

15 RIDLEY CLOSE is located in HEXHAM, in the NE46 postcode district.