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 TOW HOUSE GREEN is a very small extended detached house of 75m², built sometime between 1996 and 2002. It was last sold for £140,000 in August 2020, which was around 48% below the average August 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 1 TOW HOUSE GREEN since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the five 1 TOW HOUSE GREEN 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 |
---|---|---|---|
2020 11 AUG | £140,000 | £268,221 | 48% below HPI |
2006 13 APR | £162,000 | £228,957 | 29% below HPI |
1999 15 OCT | £68,000 | £97,743 | 30% below HPI |
1997 20 JUN | £65,000 | £88,039 | 26% below HPI |
1996 1 MAR | £56,000 | £77,032 | 27% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The five 1 TOW HOUSE GREEN sales between March 1996 and August 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 April 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2020 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.
1 TOW HOUSE GREEN is 75m², which includes two extensions, according to the EPC inspection conducted in September 2024. This puts it in the smallest 20% of detached houses in Redburn, based on EPC data. The below chart shows the distribution of detached houses by size in Redburn, and where 1 TOW HOUSE GREEN lies on this distribution: 11% of detached houses are smaller than 1 TOW HOUSE GREEN, and 89% of houses are larger. Note that EPC data is not available for all properties in Redburn.
1 TOW HOUSE GREEN sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 1 TOW HOUSE GREEN, 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 TOW HOUSE GREEN). 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 TOW HOUSE GREEN is located in BARDON MILL, in the NE47 postcode district. The below map shows the position of No. 1 on TOW HOUSE GREEN.