2, BALMORAL CLOSE, BEDLINGTON, NE22 5YD - £204,500

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

2 BALMORAL CLOSE is a small detached house of 97m², built sometime between 1967 and 1975. It was last sold for £204,500 in July 2022, which was around 34% below the average July 2022 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.

2 BALMORAL CLOSE Sold Prices

Land registry data shows three sales for 2 BALMORAL 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 BALMORAL 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
2022 15 JUL	£204,500	£307,775	34% below HPI
2020 16 OCT	£145,000	£279,307	48% below HPI
2015 22 JUN	£125,000	£237,055	47% below HPI

2 BALMORAL 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 BALMORAL CLOSE sales between June 2015 and July 2022 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 October 2020 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the July 2022 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 2 BALMORAL CLOSE?

2 BALMORAL CLOSE is 97m² according to the EPC inspection conducted in January 2015. 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 2 BALMORAL CLOSE lies on this distribution: 28% of detached houses are smaller than 2 BALMORAL CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Bedlington.

2 BALMORAL CLOSE: Plot and Title Map

2 BALMORAL CLOSE sits on a plot of roughly 0.067 of an acre, or 269m². The below map shows the location of 2 BALMORAL 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 BALMORAL 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 BALMORAL CLOSE?

2 BALMORAL CLOSE is located in BEDLINGTON, in the NE22 postcode district. The below map shows the position of No. 2 on BALMORAL CLOSE.