16, NEW MOOR CLOSE, ASHINGTON, NE63 8RQ - £185,000

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.

16 NEW MOOR CLOSE is a midsized detached house of 108m², built sometime between 2003 and 2006, which could now be worth an estimated £260,882. It was last sold for £185,000 in May 2019, which was around 27% below the average May 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

16 NEW MOOR CLOSE Sold Prices

Land registry data shows four sales for 16 NEW MOOR CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Most of the four 16 NEW MOOR 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
2019 3 MAY	£185,000	£255,138	27% below HPI
2016 28 APR	£158,000	£250,585	37% below HPI
2016 18 MAR	£158,000	£251,380	37% below HPI
2003 2 APR	£157,500	£154,804	2% above HPI

16 NEW MOOR 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 four 16 NEW MOOR CLOSE sales between April 2003 and May 2019 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 April 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2019 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 16 NEW MOOR CLOSE be worth now?

16 NEW MOOR CLOSE might now be worth an estimated £260,882.

This is based on house price inflation of 41%, between May 2019 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 41% inflationary increase is applied to the most recent sale price for 16 NEW MOOR CLOSE of £185,000 on 3rd May 2019. For the value to have increased from £185,000 to £260,882 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 16 NEW MOOR CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The May 2019 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 16 NEW MOOR CLOSE has not materially changed since May 2019.

How Large is 16 NEW MOOR CLOSE?

16 NEW MOOR CLOSE is 108m² according to the EPC inspection conducted in January 2016. This puts it in the largest 50% of detached houses houses in Ashington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashington, and where 16 NEW MOOR CLOSE lies on this distribution: 51% of detached houses houses are smaller than 16 NEW MOOR CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Ashington.

16 NEW MOOR CLOSE: Plot and Title Map

16 NEW MOOR CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 16 NEW MOOR 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 16 NEW MOOR 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 16 NEW MOOR CLOSE?

16 NEW MOOR CLOSE is located in ASHINGTON, in the NE63 postcode district. The below map shows the position of No. 16 on NEW MOOR CLOSE.