Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
15 THE DEMESNE is a very large extended detached house of 164m², built sometime between 1967 and 1975. It was last sold for £395,000 in September 2022, which was around 21% above the average September 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 15 THE DEMESNE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Most of the five 15 THE DEMESNE 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 |
---|---|---|---|
2022 27 SEP | £395,000 | £325,457 | 21% above HPI |
2021 5 JAN | £257,500 | £283,795 | 9% below HPI |
2019 26 MAR | £240,000 | £249,792 | 4% below HPI |
2008 4 JAN | £337,250 | £261,685 | 29% above HPI |
2003 6 OCT | £215,000 | £186,327 | 15% above HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The five 15 THE DEMESNE sales between October 2003 and September 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 January 2021 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2022 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.
15 THE DEMESNE is 164m², which includes two extensions, according to the EPC inspection conducted in February 2024. This puts it in the largest 10% of detached houses in Ashington, based on EPC data. The below chart shows the distribution of detached houses by size in Ashington, and where 15 THE DEMESNE lies on this distribution: 94% of detached houses are smaller than 15 THE DEMESNE, and 6% of houses are larger. Note that EPC data is not available for all properties in Ashington.
15 THE DEMESNE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 15 THE DEMESNE, 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 THE DEMESNE). 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.
15 THE DEMESNE is located in ASHINGTON, in the NE63 postcode district. The below map shows the position of No. 15 on THE DEMESNE.