24, HONISTER WAY, BLYTH, NE24 3XB - £169,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 HONISTER WAY is a small extended detached house of 87m², built sometime between 1976 and 1982, which could now be worth an estimated £251,767. It was last sold for £169,000 in July 2014, which was around 30% below the average July 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was B.

24 HONISTER WAY Sold Prices

Land registry data shows five sales for 24 HONISTER WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the five 24 HONISTER 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
2014 16 JUL	£169,000	£241,510	30% below HPI
2007 28 MAR	£176,500	£253,299	30% below HPI
2004 10 JUN	£167,500	£204,636	18% below HPI
2002 31 MAY	£95,000	£125,297	24% below HPI
1998 18 JUN	£71,995	£92,082	22% below HPI

24 HONISTER 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 five 24 HONISTER WAY sales between June 1998 and July 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 March 2007 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2014 sale, which was also at 30% below the HPI.

What might 24 HONISTER WAY be worth now?

24 HONISTER WAY might now be worth an estimated £251,767.

This is based on house price inflation of 49%, between July 2014 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 49% inflationary increase is applied to the most recent sale price for 24 HONISTER WAY of £169,000 on 16th July 2014. For the value to have increased from £169,000 to £251,767 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 24 HONISTER WAY has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The July 2014 sale price of £169,000 represented a fair market value for the property.
• The size, condition, and specification of 24 HONISTER WAY has not materially changed since July 2014.

How Large is 24 HONISTER WAY?

24 HONISTER WAY is 87m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of detached houses houses in Blyth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blyth, and where 24 HONISTER WAY lies on this distribution: 22% of detached houses houses are smaller than 24 HONISTER WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Blyth.

24 HONISTER WAY: Plot and Title Map

24 HONISTER WAY sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 24 HONISTER 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 24 HONISTER 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 24 HONISTER WAY?

24 HONISTER WAY is located in BLYTH, in the NE24 postcode district. The below map shows the position of No. 24 on HONISTER WAY.