2, THE CLOSE, AMBLE, MORPETH, NE65 0HZ - £190,000

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 THE CLOSE is a very small detached house of 79m², built sometime between 1996 and 2002. It was last sold for £190,000 in March 2015, which was around 19% below the average March 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

2 THE CLOSE Sold Prices

Land registry data shows four sales for 2 THE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four 2 THE 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
2015 16 MAR	£190,000	£233,586	19% below HPI
2007 19 DEC	£172,000	£261,896	34% below HPI
2003 18 JUL	£115,000	£167,815	31% below HPI
1996 17 MAY	£59,950	£80,928	26% below HPI

2 THE 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 four 2 THE CLOSE sales between May 1996 and March 2015 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 December 2007 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2015 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2 THE CLOSE?

2 THE CLOSE is 79m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% of detached houses in Amble, based on EPC data. The below chart shows the distribution of detached houses by size in Amble, and where 2 THE CLOSE lies on this distribution: 12% of detached houses are smaller than 2 THE CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Amble.

2 THE CLOSE: Plot and Title Map

2 THE CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 2 THE 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 THE 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 THE CLOSE?

2 THE CLOSE is located in AMBLE, in the NE65 postcode district. The below map shows the position of No. 2 on THE CLOSE.