1, OLD SCHOOL CLOSE, ALNWICK, NE66 1FH - £360,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 OLD SCHOOL CLOSE is a large detached house of 144m², which could now be worth an estimated £495,276. It was last sold for £360,000 in January 2020, which was around 38% above the average January 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2019, where the current energy rating was B, and the potential energy rating was A.

1 OLD SCHOOL CLOSE Sold Prices

Land registry data shows two sales for 1 OLD SCHOOL 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 OLD SCHOOL CLOSE 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
2020 14 JAN	£360,000	£261,519	38% above HPI
2017 24 NOV	£300,100	£260,799	15% above HPI

1 OLD SCHOOL 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 OLD SCHOOL CLOSE sales from November 2017 and January 2020 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 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the January 2020 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 1 OLD SCHOOL CLOSE be worth now?

1 OLD SCHOOL CLOSE might now be worth an estimated £495,276.

This is based on house price inflation of 37.6%, between January 2020 and February 2025, 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 37.6% inflationary increase is applied to the most recent sale price for 1 OLD SCHOOL CLOSE of £360,000 on 14th January 2020. For the value to have increased from £360,000 to £495,276 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 1 OLD SCHOOL CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The January 2020 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OLD SCHOOL CLOSE has not materially changed since January 2020.

How Large is 1 OLD SCHOOL CLOSE?

1 OLD SCHOOL CLOSE is 144m² according to the EPC inspection conducted in August 2019. This puts it in the largest 30% of detached houses houses in Alnwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Alnwick, and where 1 OLD SCHOOL CLOSE lies on this distribution: 77% of detached houses houses are smaller than 1 OLD SCHOOL CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Alnwick.

1 OLD SCHOOL CLOSE: Plot and Title Map

1 OLD SCHOOL CLOSE sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 1 OLD SCHOOL 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 OLD SCHOOL 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 OLD SCHOOL CLOSE?

1 OLD SCHOOL CLOSE is located in ALNWICK, in the NE66 postcode district. The below map shows the position of No. 1 on OLD SCHOOL CLOSE.