124, ALLERBURN LEA, ALNWICK, NE66 2QP - £155,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

124 ALLERBURN LEA is a midsized extended detached house of 122m², built sometime between 2003 and 2006, which could now be worth an estimated £392,007. It was last sold for £155,000 in September 2002, which was around 9% above the average September 2002 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

124 ALLERBURN LEA Sold Prices

Land registry data shows two sales for 124 ALLERBURN LEA 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 124 ALLERBURN LEA sales were 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
2002 27 SEP	£155,000	£142,261	9% above HPI
2000 23 MAR	£102,950	£99,327	4% above HPI

124 ALLERBURN LEA 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 124 ALLERBURN LEA sales from March 2000 and September 2002 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 March 2000 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2002 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 124 ALLERBURN LEA be worth now?

124 ALLERBURN LEA might now be worth an estimated £392,007.

This is based on house price inflation of 152.9%, between September 2002 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 152.9% inflationary increase is applied to the most recent sale price for 124 ALLERBURN LEA of £155,000 on 27th September 2002. For the value to have increased from £155,000 to £392,007 over the 23 years and seven months to February 2025, the following assumptions must hold true:

• The value of 124 ALLERBURN LEA has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The September 2002 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 124 ALLERBURN LEA has not materially changed since September 2002.

How Large is 124 ALLERBURN LEA?

124 ALLERBURN LEA is 122m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 50% of detached houses houses in Alnwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Alnwick, and where 124 ALLERBURN LEA lies on this distribution: 54% of detached houses houses are smaller than 124 ALLERBURN LEA, and 45% of houses are larger. Note that EPC data is not available for all properties in Alnwick.

124 ALLERBURN LEA: Plot and Title Map

124 ALLERBURN LEA sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 124 ALLERBURN LEA, 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 124 ALLERBURN LEA). 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 124 ALLERBURN LEA?

124 ALLERBURN LEA is located in ALNWICK, in the NE66 postcode district. The below map shows the position of No. 124 on ALLERBURN LEA.