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 SORREL CLOSE is a large extended detached house of 116m², built sometime between 1983 and 1990. It was last sold for £190,000 in February 2017, which was around 23% below the average February 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 12 SORREL CLOSE since 1st 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. All of the three 12 SORREL 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 24 FEB | £190,000 | £247,381 | 23% below HPI |
2006 11 AUG | £215,000 | £242,168 | 11% below HPI |
2002 29 NOV | £138,000 | £142,410 | 3% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 12 SORREL CLOSE sales between November 2002 and February 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 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2017 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
12 SORREL CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 40% of detached houses in Ashington, based on EPC data. The below chart shows the distribution of detached houses by size in Ashington, and where 12 SORREL CLOSE lies on this distribution: 65% of detached houses are smaller than 12 SORREL CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Ashington.
12 SORREL CLOSE sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 12 SORREL 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 SORREL 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.
12 SORREL CLOSE is located in ASHINGTON, in the NE63 postcode district. The below map shows the position of No. 12 on SORREL CLOSE.