2, FORSTERSTEADS, ALLENDALE, HEXHAM, NE47 9AS - £162,500

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 FORSTERSTEADS is a midsized detached house of 117m², built sometime between 1983 and 1990. It was last sold for £162,500 in June 2011, which was around 32% below the average June 2011 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2010, where the current energy rating was F, and the potential energy rating was E.

2 FORSTERSTEADS Sold Prices

Land registry data shows two sales for 2 FORSTERSTEADS 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 2 FORSTERSTEADS 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
2011 17 JUN	£162,500	£240,653	32% below HPI
1995 30 AUG	£60,000	£80,192	25% below HPI

2 FORSTERSTEADS 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 2 FORSTERSTEADS sales from August 1995 and June 2011 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 1995 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2011 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 2 FORSTERSTEADS?

2 FORSTERSTEADS is 117m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 40% of detached houses in Allendale Town, based on EPC data. The below chart shows the distribution of detached houses by size in Allendale Town, and where 2 FORSTERSTEADS lies on this distribution: 40% of detached houses are smaller than 2 FORSTERSTEADS, and 60% of houses are larger. Note that EPC data is not available for all properties in Allendale Town.

2 FORSTERSTEADS: Plot and Title Map

2 FORSTERSTEADS sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 2 FORSTERSTEADS, 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 FORSTERSTEADS). 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 FORSTERSTEADS?

2 FORSTERSTEADS is located in ALLENDALE, in the NE47 postcode district. The below map shows the position of No. 2 on FORSTERSTEADS.