12, RICHMOND CLOSE, BEDLINGTON, NE22 6NG - £229,000

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

12 RICHMOND CLOSE is a midsized extended detached house of 106m², built sometime between 1991 and 1995. It was last sold for £229,000 in January 2022, which was around 22% below the average January 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

12 RICHMOND CLOSE Sold Prices

Land registry data shows three sales for 12 RICHMOND CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Two of the three 12 RICHMOND CLOSE sales were for below the average price, whilst one was for above 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 21 JAN	£229,000	£293,648	22% below HPI
2001 1 JUN	£86,950	£110,088	21% below HPI
1995 20 NOV	£82,950	£79,037	5% above HPI

12 RICHMOND 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 three 12 RICHMOND CLOSE sales between November 1995 and January 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 June 2001 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 12 RICHMOND CLOSE?

12 RICHMOND CLOSE is 106m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 50% of detached houses in Bedlington, based on EPC data. The below chart shows the distribution of detached houses by size in Bedlington, and where 12 RICHMOND CLOSE lies on this distribution: 44% of detached houses are smaller than 12 RICHMOND CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Bedlington.

12 RICHMOND CLOSE: Plot and Title Map

12 RICHMOND CLOSE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 12 RICHMOND 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 12 RICHMOND 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 12 RICHMOND CLOSE?

12 RICHMOND CLOSE is located in BEDLINGTON, in the NE22 postcode district. The below map shows the position of No. 12 on RICHMOND CLOSE.