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
17 TOWERS CLOSE is a small extended detached house of 91m², built sometime between 1976 and 1982. It was last sold for £185,000 in November 2017, which was around 27% below the average November 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 17 TOWERS CLOSE since 1st 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 TOWERS 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 |
---|---|---|---|
2017 3 NOV | £185,000 | £252,671 | 27% below HPI |
1995 1 DEC | £75,000 | £79,459 | 6% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 17 TOWERS CLOSE sales from December 1995 and November 2017 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 December 1995 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2017 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
17 TOWERS CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 30% of detached houses in Bedlington, based on EPC data. The below chart shows the distribution of detached houses by size in Bedlington, and where 17 TOWERS CLOSE lies on this distribution: 22% of detached houses are smaller than 17 TOWERS CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Bedlington.
17 TOWERS CLOSE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 17 TOWERS 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 TOWERS 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.
17 TOWERS CLOSE is located in BEDLINGTON, in the NE22 postcode district. The below map shows the position of No. 17 on TOWERS CLOSE.