19, OCTAVIA CLOSE, BEDLINGTON, NE22 6LG - £190,000

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.

19 OCTAVIA CLOSE is a very small detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £228,106. It was last sold for £190,000 in September 2021, which was around 37% below the average September 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

19 OCTAVIA CLOSE Sold Prices

Land registry data shows three sales for 19 OCTAVIA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 19 OCTAVIA 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
2021 30 SEP	£190,000	£299,685	37% below HPI
2020 24 JUN	£148,000	£267,545	45% below HPI
2017 19 MAY	£168,000	£257,341	35% below HPI

19 OCTAVIA 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 three 19 OCTAVIA CLOSE sales between May 2017 and September 2021 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 June 2020 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the September 2021 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 19 OCTAVIA CLOSE be worth now?

19 OCTAVIA CLOSE might now be worth an estimated £228,106.

This is based on house price inflation of 20.1%, between September 2021 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 20.1% inflationary increase is applied to the most recent sale price for 19 OCTAVIA CLOSE of £190,000 on 30th September 2021. For the value to have increased from £190,000 to £228,106 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 19 OCTAVIA CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The September 2021 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 19 OCTAVIA CLOSE has not materially changed since September 2021.

How Large is 19 OCTAVIA CLOSE?

19 OCTAVIA CLOSE is 82m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% of detached houses houses in Bedlington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bedlington, and where 19 OCTAVIA CLOSE lies on this distribution: 14% of detached houses houses are smaller than 19 OCTAVIA CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Bedlington.

19 OCTAVIA CLOSE: Plot and Title Map

19 OCTAVIA CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 19 OCTAVIA 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 19 OCTAVIA 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 19 OCTAVIA CLOSE?

19 OCTAVIA CLOSE is located in BEDLINGTON, in the NE22 postcode district. The below map shows the position of No. 19 on OCTAVIA CLOSE.