2, AXBRIDGE CLOSE, CHOPPINGTON, NE62 5HB - £150,000

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.

2 AXBRIDGE CLOSE is a large detached house of 104m², built sometime between 1983 and 1990, which could now be worth an estimated £202,070. It was last sold for £150,000 in June 2018, which was around 44% below the average June 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

2 AXBRIDGE CLOSE Sold Prices

Land registry data shows three sales for 2 AXBRIDGE 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 2 AXBRIDGE 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
2018 20 JUN	£150,000	£267,078	44% below HPI
2006 15 AUG	£160,000	£249,958	36% below HPI
1998 15 MAY	£52,500	£91,768	43% below HPI

2 AXBRIDGE 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 2 AXBRIDGE CLOSE sales between May 1998 and June 2018 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 August 2006 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2018 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 2 AXBRIDGE CLOSE be worth now?

2 AXBRIDGE CLOSE might now be worth an estimated £202,070.

This is based on house price inflation of 34.7%, between June 2018 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 34.7% inflationary increase is applied to the most recent sale price for 2 AXBRIDGE CLOSE of £150,000 on 20th June 2018. For the value to have increased from £150,000 to £202,070 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 2 AXBRIDGE CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The June 2018 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 2 AXBRIDGE CLOSE has not materially changed since June 2018.

How Large is 2 AXBRIDGE CLOSE?

2 AXBRIDGE CLOSE is 104m² according to the EPC inspection conducted in July 2014. This puts it in the largest 40% of detached houses houses in Guide Post, based on EPC data. The below chart shows the distribution of detached houses houses by size in Guide Post, and where 2 AXBRIDGE CLOSE lies on this distribution: 60% of detached houses houses are smaller than 2 AXBRIDGE CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Guide Post.

2 AXBRIDGE CLOSE: Plot and Title Map

2 AXBRIDGE CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 2 AXBRIDGE 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 2 AXBRIDGE 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 2 AXBRIDGE CLOSE?

2 AXBRIDGE CLOSE is located in CHOPPINGTON, in the NE62 postcode district. The below map shows the position of No. 2 on AXBRIDGE CLOSE.