11, TOWERS CLOSE, BEDLINGTON, NE22 5ER - £225,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 TOWERS CLOSE is a large extended detached house of 125m², built sometime between 1976 and 1982. It was last sold for £225,000 in March 2017, which was around 9% below the average March 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

11 TOWERS CLOSE Sold Prices

Land registry data shows two sales for 11 TOWERS 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 11 TOWERS 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
2017 20 MAR	£225,000	£247,059	9% below HPI
2004 17 AUG	£176,500	£211,589	17% below HPI

11 TOWERS 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 11 TOWERS CLOSE sales from August 2004 and March 2017 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 2004 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2017 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 11 TOWERS CLOSE?

11 TOWERS CLOSE is 125m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the largest 30% 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 TOWERS CLOSE lies on this distribution: 70% of detached houses are smaller than 11 TOWERS CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Bedlington.

11 TOWERS CLOSE: Plot and Title Map

11 TOWERS CLOSE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 11 TOWERS 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 TOWERS 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 TOWERS CLOSE?

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