2, OLD SCHOOL CLOSE, ALNWICK, NE66 1FH - £415,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 OLD SCHOOL CLOSE is a large detached house of 130m². It was last sold for £415,000 in April 2023, which was around 30% above the average April 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2019, where the current energy rating was B, and the potential energy rating was A.

2 OLD SCHOOL CLOSE Sold Prices

Land registry data shows two sales for 2 OLD SCHOOL CLOSE 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 OLD SCHOOL CLOSE 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
2023 14 APR	£415,000	£318,312	30% above HPI
2019 22 JUL	£350,000	£255,351	37% above HPI

2 OLD SCHOOL 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 two 2 OLD SCHOOL CLOSE sales from July 2019 and April 2023 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 July 2019 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the April 2023 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 2 OLD SCHOOL CLOSE?

2 OLD SCHOOL CLOSE is 130m² according to the EPC inspection conducted in July 2019. This puts it in the largest 30% of detached houses in Alnwick, based on EPC data. The below chart shows the distribution of detached houses by size in Alnwick, and where 2 OLD SCHOOL CLOSE lies on this distribution: 70% of detached houses are smaller than 2 OLD SCHOOL CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Alnwick.

2 OLD SCHOOL CLOSE: Plot and Title Map

2 OLD SCHOOL CLOSE sits on a plot of roughly 1.9 acres, or 7,587m². The below map shows the location of 2 OLD SCHOOL 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 OLD SCHOOL 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 OLD SCHOOL CLOSE?

2 OLD SCHOOL CLOSE is located in ALNWICK, in the NE66 postcode district. The below map shows the position of No. 2 on OLD SCHOOL CLOSE.