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 KNARESBOROUGH CLOSE is a small extended detached house of 98m², built sometime between 1983 and 1990. It was last sold for £236,000 in June 2023, which was around 26% below the average June 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows seven sales for 1 KNARESBOROUGH CLOSE since 1st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the seven 1 KNARESBOROUGH CLOSE 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 |
---|---|---|---|
2023 22 JUN | £236,000 | £317,558 | 26% below HPI |
2017 24 NOV | £180,000 | £252,671 | 29% below HPI |
2010 16 JUL | £162,700 | £244,137 | 33% below HPI |
2009 31 JUL | £158,500 | £233,912 | 32% below HPI |
2003 5 DEC | £134,950 | £186,774 | 28% below HPI |
2002 30 AUG | £105,000 | £134,088 | 22% below HPI |
1998 16 OCT | £72,000 | £94,472 | 24% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The seven 1 KNARESBOROUGH CLOSE sales between October 1998 and June 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 November 2017 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2023 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.
1 KNARESBOROUGH CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 40% of detached houses in Bedlington, based on EPC data. The below chart shows the distribution of detached houses by size in Bedlington, and where 1 KNARESBOROUGH CLOSE lies on this distribution: 30% of detached houses are smaller than 1 KNARESBOROUGH CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Bedlington.
1 KNARESBOROUGH CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 1 KNARESBOROUGH CLOSE, 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 KNARESBOROUGH CLOSE). 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.
1 KNARESBOROUGH CLOSE is located in BEDLINGTON, in the NE22 postcode district. The below map shows the position of No. 1 on KNARESBOROUGH CLOSE.