1, TORRANCE CLOSE, ASHINGTON, NE63 9JS - £225,000

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 TORRANCE CLOSE is a large extended detached house of 128m², built sometime from 2007 onwards, which could now be worth an estimated £323,054. It was last sold for £225,000 in April 2016, which was around 10% below the average April 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

1 TORRANCE CLOSE Sold Prices

Land registry data shows two sales for 1 TORRANCE 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 TORRANCE 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
2016 8 APR	£225,000	£250,585	10% below HPI
2007 29 MAR	£204,950	£253,299	19% below HPI

1 TORRANCE 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 TORRANCE CLOSE sales from March 2007 and April 2016 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 March 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2016 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 1 TORRANCE CLOSE be worth now?

1 TORRANCE CLOSE might now be worth an estimated £323,054.

This is based on house price inflation of 43.6%, between April 2016 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 43.6% inflationary increase is applied to the most recent sale price for 1 TORRANCE CLOSE of £225,000 on 8th April 2016. For the value to have increased from £225,000 to £323,054 over the nine years and two months to February 2025, the following assumptions must hold true:

• The value of 1 TORRANCE CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The April 2016 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 1 TORRANCE CLOSE has not materially changed since April 2016.

How Large is 1 TORRANCE CLOSE?

1 TORRANCE CLOSE is 128m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 30% of detached houses houses in Ashington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashington, and where 1 TORRANCE CLOSE lies on this distribution: 77% of detached houses houses are smaller than 1 TORRANCE CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Ashington.

1 TORRANCE CLOSE: Plot and Title Map

1 TORRANCE CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 1 TORRANCE 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 TORRANCE 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 TORRANCE CLOSE?

1 TORRANCE CLOSE is located in ASHINGTON, in the NE63 postcode district. The below map shows the position of No. 1 on TORRANCE CLOSE.