11, NEWARK CLOSE, BEDLINGTON, NE22 6PD - £234,000

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

11 NEWARK CLOSE is a large detached house of 117m², built sometime between 1991 and 1995. It was last sold for £234,000 in February 2021, which was around 18% below the average February 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

11 NEWARK CLOSE Sold Prices

Land registry data shows four sales for 11 NEWARK 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 11 NEWARK 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
2021 5 FEB	£234,000	£283,940	18% below HPI
2017 21 AUG	£205,000	£257,504	20% below HPI
2002 28 NOV	£135,000	£142,410	5% below HPI
2002 31 OCT	£112,950	£138,451	18% below HPI

11 NEWARK 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 11 NEWARK CLOSE sales between October 2002 and February 2021 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 August 2017 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 11 NEWARK CLOSE?

11 NEWARK CLOSE is 117m² according to the EPC inspection conducted in March 2017. This puts it in the largest 40% of detached houses in Bedlington, based on EPC data. The below chart shows the distribution of detached houses by size in Bedlington, and where 11 NEWARK CLOSE lies on this distribution: 61% of detached houses are smaller than 11 NEWARK CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Bedlington.

11 NEWARK CLOSE: Plot and Title Map

11 NEWARK CLOSE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 11 NEWARK 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 11 NEWARK 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 11 NEWARK CLOSE?

11 NEWARK CLOSE is located in BEDLINGTON, in the NE22 postcode district. The below map shows the position of No. 11 on NEWARK CLOSE.