TIMBERS, SANDY BANK, RIDING MILL, NE44 6HU - £703,000

TIMBERS is a large extended detached house of 198m², built sometime between 1950 and 1966. It was last sold for £703,000 in January 2023, which was around 113% above the average January 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

TIMBERS Sold Prices

Land registry data shows three sales for TIMBERS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three TIMBERS 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
2023 25 JAN	£703,000	£329,731	113% above HPI
2010 16 APR	£435,874	£244,564	78% above HPI
2007 2 MAY	£475,000	£247,542	92% above HPI

TIMBERS 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 three TIMBERS sales between May 2007 and January 2023 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 April 2010 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the January 2023 sale, where it rises to 113% above the HPI. The line then continues to track at 113% above the HPI.

How Large is TIMBERS?

TIMBERS is 198m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 40% 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 TIMBERS lies on this distribution: 69% of detached houses are smaller than TIMBERS, and 31% of houses are larger. Note that EPC data is not available for all properties in Riding Mill.

TIMBERS: Plot and Title Map

TIMBERS sits on a plot of roughly 0.405 of an acre, or 1,639m². The below map shows the location of TIMBERS, 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 TIMBERS). 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 TIMBERS?

TIMBERS is located on SANDY BANK in RIDING MILL, in the NE44 postcode district. The below map shows the position of TIMBERS on SANDY BANK.