1, ALBATROSS WAY, BLYTH, NE24 3QH - £225,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 ALBATROSS WAY is a very small detached house of 82m², built sometime between 1967 and 1975. It was last sold for £225,000 in April 2022, which was around 25% below the average April 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

1 ALBATROSS WAY Sold Prices

Land registry data shows two sales for 1 ALBATROSS WAY 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 1 ALBATROSS WAY sales were for below 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
2022 29 APR	£225,000	£299,246	25% below HPI
2020 13 AUG	£160,000	£268,221	40% below HPI

1 ALBATROSS WAY 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 1 ALBATROSS WAY sales from August 2020 and April 2022 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 August 2020 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the April 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 1 ALBATROSS WAY?

1 ALBATROSS WAY is 82m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% of detached houses in Blyth, based on EPC data. The below chart shows the distribution of detached houses by size in Blyth, and where 1 ALBATROSS WAY lies on this distribution: 16% of detached houses are smaller than 1 ALBATROSS WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Blyth.

1 ALBATROSS WAY: Plot and Title Map

1 ALBATROSS WAY sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 1 ALBATROSS WAY, 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 1 ALBATROSS WAY). 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 1 ALBATROSS WAY?

1 ALBATROSS WAY is located in BLYTH, in the NE24 postcode district. The below map shows the position of No. 1 on ALBATROSS WAY.