15, DURHAM CLOSE, BEDLINGTON, NE22 6NB - £138,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 DURHAM CLOSE is a very small semi-detached house of 62m², built sometime between 1991 and 1995, which could now be worth an estimated £174,954. It was last sold for £138,000 in October 2020, which was around 10% below the average October 2020 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was B.

15 DURHAM CLOSE Sold Prices

Land registry data shows four sales for 15 DURHAM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. Most of the four 15 DURHAM 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
2020 7 OCT	£138,000	£154,007	10% below HPI
2015 23 NOV	£116,000	£136,180	15% below HPI
2001 24 AUG	£53,000	£58,561	9% below HPI
1995 24 NOV	£45,750	£42,226	8% above HPI

15 DURHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Northumberland local authority area over time, sourced from the HPI. The four 15 DURHAM CLOSE sales between November 1995 and October 2020 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 November 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2020 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 15 DURHAM CLOSE be worth now?

15 DURHAM CLOSE might now be worth an estimated £174,954.

This is based on house price inflation of 26.8%, between October 2020 and February 2025, for semi-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 26.8% inflationary increase is applied to the most recent sale price for 15 DURHAM CLOSE of £138,000 on 7th October 2020. For the value to have increased from £138,000 to £174,954 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 15 DURHAM CLOSE has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The October 2020 sale price of £138,000 represented a fair market value for the property.
• The size, condition, and specification of 15 DURHAM CLOSE has not materially changed since October 2020.

How Large is 15 DURHAM CLOSE?

15 DURHAM CLOSE is 62m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of semi-detached houses houses in Bedlington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bedlington, and where 15 DURHAM CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 15 DURHAM CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bedlington.

15 DURHAM CLOSE: Plot and Title Map

15 DURHAM CLOSE sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 15 DURHAM 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 15 DURHAM 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 15 DURHAM CLOSE?

15 DURHAM CLOSE is located in BEDLINGTON, in the NE22 postcode district. The below map shows the position of No. 15 on DURHAM CLOSE.