23, THORNTREE WAY, BLYTH, NE24 4LS - £175,000

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

23 THORNTREE WAY is a very small detached house of 56m², built sometime between 1996 and 2002. It was last sold for £175,000 in January 2024, which was around 47% below the average January 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

23 THORNTREE WAY Sold Prices

Land registry data shows three sales for 23 THORNTREE WAY 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. All of the three 23 THORNTREE WAY 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
2024 12 JAN	£175,000	£329,938	47% below HPI
2017 29 AUG	£150,000	£257,504	42% below HPI
1999 8 OCT	£60,490	£97,743	38% below HPI

23 THORNTREE WAY 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 23 THORNTREE WAY sales between October 1999 and January 2024 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 2017 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the January 2024 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 23 THORNTREE WAY?

23 THORNTREE WAY is 56m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of detached houses in Blyth, based on EPC data. The below chart shows the distribution of detached houses by size in Blyth, and where 23 THORNTREE WAY lies on this distribution: 1% of detached houses are smaller than 23 THORNTREE WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Blyth.

23 THORNTREE WAY: Plot and Title Map

23 THORNTREE WAY sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 23 THORNTREE WAY, 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 23 THORNTREE WAY). 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 23 THORNTREE WAY?

23 THORNTREE WAY is located in BLYTH, in the NE24 postcode district. The below map shows the position of No. 23 on THORNTREE WAY.