22, CHIPCHASE CLOSE, BEDLINGTON, NE22 6ND - £164,000

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.

22 CHIPCHASE CLOSE is a large extended detached house of 129m², built sometime between 1991 and 1995, which could now be worth an estimated £367,598. It was last sold for £164,000 in May 2003, which was around 2% above the average May 2003 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

22 CHIPCHASE CLOSE Sold Prices

Land registry data shows three sales for 22 CHIPCHASE 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. Two of the three 22 CHIPCHASE CLOSE sales were for above the average price, whilst one was 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
2003 30 MAY	£164,000	£160,516	2% above HPI
2000 29 SEP	£96,000	£110,680	13% below HPI
1995 19 MAY	£96,750	£83,905	15% above HPI

22 CHIPCHASE 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 22 CHIPCHASE CLOSE sales between May 1995 and May 2003 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 September 2000 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2003 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 22 CHIPCHASE CLOSE be worth now?

22 CHIPCHASE CLOSE might now be worth an estimated £367,598.

This is based on house price inflation of 124.1%, between May 2003 and February 2025, for detached 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 124.1% inflationary increase is applied to the most recent sale price for 22 CHIPCHASE CLOSE of £164,000 on 30th May 2003. For the value to have increased from £164,000 to £367,598 over the 22 years and three months to February 2025, the following assumptions must hold true:

• The value of 22 CHIPCHASE CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The May 2003 sale price of £164,000 represented a fair market value for the property.
• The size, condition, and specification of 22 CHIPCHASE CLOSE has not materially changed since May 2003.

How Large is 22 CHIPCHASE CLOSE?

22 CHIPCHASE CLOSE is 129m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 30% of detached houses houses in Bedlington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bedlington, and where 22 CHIPCHASE CLOSE lies on this distribution: 74% of detached houses houses are smaller than 22 CHIPCHASE CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Bedlington.

22 CHIPCHASE CLOSE: Plot and Title Map

22 CHIPCHASE CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 22 CHIPCHASE 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 22 CHIPCHASE 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 22 CHIPCHASE CLOSE?

22 CHIPCHASE CLOSE is located in BEDLINGTON, in the NE22 postcode district. The below map shows the position of No. 22 on CHIPCHASE CLOSE.