1, MEDWYN CLOSE, BLYTH, NE24 3SZ - £155,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 MEDWYN CLOSE is a very small detached house of 56m², built sometime between 1996 and 2002. It was last sold for £155,000 in December 2010, which was around 36% below the average December 2010 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

1 MEDWYN CLOSE Sold Prices

Land registry data shows two sales for 1 MEDWYN CLOSE 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 MEDWYN 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
2010 10 DEC	£155,000	£242,040	36% below HPI
1998 18 NOV	£58,000	£95,268	39% below HPI

1 MEDWYN CLOSE 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 MEDWYN CLOSE sales from November 1998 and December 2010 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 1998 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2010 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 1 MEDWYN CLOSE?

1 MEDWYN CLOSE is 56m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 10% 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 MEDWYN CLOSE lies on this distribution: 1% of detached houses are smaller than 1 MEDWYN CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Blyth.

1 MEDWYN CLOSE: Plot and Title Map

1 MEDWYN CLOSE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 1 MEDWYN 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 MEDWYN 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.

Where is 1 MEDWYN CLOSE?

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