17, GREEN CLOSE, STANNINGTON, MORPETH, NE61 6PE - £450,000

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.

17 GREEN CLOSE is a very large extended detached house of 180m², built sometime between 1983 and 1990, which could now be worth an estimated £624,764. It was last sold for £450,000 in November 2016, which was around 74% above the average November 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

17 GREEN CLOSE Sold Prices

Land registry data shows two sales for 17 GREEN 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 17 GREEN 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
2016 17 NOV	£450,000	£259,146	74% above HPI
2003 10 NOV	£375,000	£195,104	92% above HPI

17 GREEN 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 17 GREEN CLOSE sales from November 2003 and November 2016 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 2003 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the November 2016 sale, where it falls to 74% above the HPI. The line then continues to track at 74% above the HPI.

What might 17 GREEN CLOSE be worth now?

17 GREEN CLOSE might now be worth an estimated £624,764.

This is based on house price inflation of 38.8%, between November 2016 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 38.8% inflationary increase is applied to the most recent sale price for 17 GREEN CLOSE of £450,000 on 17th November 2016. For the value to have increased from £450,000 to £624,764 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 17 GREEN CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The November 2016 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 17 GREEN CLOSE has not materially changed since November 2016.

How Large is 17 GREEN CLOSE?

17 GREEN CLOSE is 180m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 20% of detached houses houses in Stannington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stannington, and where 17 GREEN CLOSE lies on this distribution: 90% of detached houses houses are smaller than 17 GREEN CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Stannington.

17 GREEN CLOSE: Plot and Title Map

17 GREEN CLOSE sits on a plot of roughly 0.179 of an acre, or 723m². The below map shows the location of 17 GREEN 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 17 GREEN 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 17 GREEN CLOSE?

17 GREEN CLOSE is located in STANNINGTON, in the NE61 postcode district. The below map shows the position of No. 17 on GREEN CLOSE.