2, HEATHER LEA, BLYTH, NE24 4DE - £124,950

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 HEATHER LEA is a very small extended terraced house of 76m², built sometime between 2003 and 2006, which could now be worth an estimated £183,467. It was last sold for £124,950 in February 2014, which was around 17% above the average February 2014 terraced price in the Northumberland local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was B.

2 HEATHER LEA Sold Prices

Land registry data shows four sales for 2 HEATHER LEA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Northumberland local authority area for the corresponding sale date. All of the four 2 HEATHER LEA sales were for above 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
2014 7 FEB	£124,950	£106,935	17% above HPI
2009 27 FEB	£115,000	£107,528	7% above HPI
2007 20 AUG	£175,000	£127,047	38% above HPI
2006 28 JUL	£169,950	£116,694	46% above HPI

2 HEATHER LEA Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Northumberland local authority area over time, sourced from the HPI. The four 2 HEATHER LEA sales between July 2006 and February 2014 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 February 2009 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2014 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 2 HEATHER LEA be worth now?

2 HEATHER LEA might now be worth an estimated £183,467.

This is based on house price inflation of 46.8%, between February 2014 and June 2025, for terraced 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 46.8% inflationary increase is applied to the most recent sale price for 2 HEATHER LEA of £124,950 on 7th February 2014. For the value to have increased from £124,950 to £183,467 over the ten years and eight months to June 2025, the following assumptions must hold true:

• The value of 2 HEATHER LEA has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The February 2014 sale price of £124,950 represented a fair market value for the property.
• The size, condition, and specification of 2 HEATHER LEA has not materially changed since February 2014.

How Large is 2 HEATHER LEA?

2 HEATHER LEA is 76m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of terraced houses houses in Blyth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Blyth, and where 2 HEATHER LEA lies on this distribution: 9% of terraced houses houses are smaller than 2 HEATHER LEA, and 91% of houses are larger. Note that EPC data is not available for all properties in Blyth.

2 HEATHER LEA: Plot and Title Map

2 HEATHER LEA sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 2 HEATHER LEA, 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 HEATHER LEA). 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 HEATHER LEA?

2 HEATHER LEA is located in BLYTH, in the NE24 postcode district. The below map shows the position of No. 2 on HEATHER LEA.