10, ORCHID CLOSE, ASHINGTON, NE63 8JL - £205,000

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

10 ORCHID CLOSE is a very small detached house of 87m², built sometime between 1983 and 1990. It was last sold for £205,000 in October 2022, which was around 37% below the average October 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

10 ORCHID CLOSE Sold Prices

Land registry data shows four sales for 10 ORCHID CLOSE 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 10 ORCHID 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
2022 31 OCT	£205,000	£327,541	37% below HPI
2012 28 SEP	£138,000	£231,549	40% below HPI
2006 22 AUG	£148,000	£242,168	39% below HPI
1996 16 AUG	£55,000	£85,675	36% below HPI

10 ORCHID 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 four 10 ORCHID CLOSE sales between August 1996 and October 2022 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 September 2012 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2022 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 10 ORCHID CLOSE?

10 ORCHID CLOSE is 87m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of detached houses in Ashington, based on EPC data. The below chart shows the distribution of detached houses by size in Ashington, and where 10 ORCHID CLOSE lies on this distribution: 19% of detached houses are smaller than 10 ORCHID CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Ashington.

10 ORCHID CLOSE: Plot and Title Map

10 ORCHID CLOSE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 10 ORCHID 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 10 ORCHID 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 10 ORCHID CLOSE?

10 ORCHID CLOSE is located in ASHINGTON, in the NE63 postcode district. The below map shows the position of No. 10 on ORCHID CLOSE.