1, VICTORIA ROAD, WOOLER, NE71 6DX - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 VICTORIA ROAD is a very small detached house of 78m², built sometime between 1930 and 1949, which could now be worth an estimated £331,173. It was last sold for £225,000 in November 2014, which was around 8% below the average November 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

1 VICTORIA ROAD Sold Prices

Land registry data shows four sales for 1 VICTORIA ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four 1 VICTORIA ROAD 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
2014 14 NOV	£225,000	£244,442	8% below HPI
2008 29 APR	£185,000	£270,109	32% below HPI
2003 14 MAR	£90,000	£148,208	39% below HPI
1999 15 JAN	£40,000	£94,162	58% below HPI

1 VICTORIA ROAD 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 four 1 VICTORIA ROAD sales between January 1999 and November 2014 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 2008 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2014 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 1 VICTORIA ROAD be worth now?

1 VICTORIA ROAD might now be worth an estimated £331,173.

This is based on house price inflation of 47.2%, between November 2014 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 47.2% inflationary increase is applied to the most recent sale price for 1 VICTORIA ROAD of £225,000 on 14th November 2014. For the value to have increased from £225,000 to £331,173 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 VICTORIA ROAD has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The November 2014 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 1 VICTORIA ROAD has not materially changed since November 2014.

How Large is 1 VICTORIA ROAD?

1 VICTORIA ROAD is 78m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses houses in Wooler, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wooler, and where 1 VICTORIA ROAD lies on this distribution: 6% of detached houses houses are smaller than 1 VICTORIA ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Wooler.

1 VICTORIA ROAD: Plot and Title Map

1 VICTORIA ROAD sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 1 VICTORIA ROAD, 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 VICTORIA ROAD). 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 VICTORIA ROAD?

1 VICTORIA ROAD is located in WOOLER, in the NE71 postcode district. The below map shows the position of No. 1 on VICTORIA ROAD.