14, NEWARK CLOSE, BEDLINGTON, NE22 6PD - £490,000

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

14 NEWARK CLOSE is a very large extended detached house of 209m², built sometime between 1996 and 2002. It was last sold for £490,000 in August 2023, which was around 49% above the average August 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

14 NEWARK CLOSE Sold Prices

Land registry data shows two sales for 14 NEWARK 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 14 NEWARK CLOSE 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
2023 30 AUG	£490,000	£328,157	49% above HPI
2002 27 SEP	£159,950	£137,828	16% above HPI

14 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 two 14 NEWARK CLOSE sales from September 2002 and August 2023 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 September 2002 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2023 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 14 NEWARK CLOSE?

14 NEWARK CLOSE is 209m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the largest 10% of detached houses in Bedlington, based on EPC data. The below chart shows the distribution of detached houses by size in Bedlington, and where 14 NEWARK CLOSE lies on this distribution: 99% of detached houses are smaller than 14 NEWARK CLOSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Bedlington.

14 NEWARK CLOSE: Plot and Title Map

14 NEWARK CLOSE sits on a plot of roughly 0.193 of an acre, or 780m². The below map shows the location of 14 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 14 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 14 NEWARK CLOSE?

14 NEWARK CLOSE is located in BEDLINGTON, in the NE22 postcode district. The below map shows the position of No. 14 on NEWARK CLOSE.