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
25 CHIPCHASE CLOSE is a midsized detached house of 105m², built sometime between 1976 and 1982. It was last sold for £98,250 in May 2002, which was around 19% below the average May 2002 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 25 CHIPCHASE CLOSE since 1st 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 25 CHIPCHASE 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 |
---|---|---|---|
2002 24 MAY | £98,250 | £121,392 | 19% below HPI |
1996 7 OCT | £78,950 | £84,285 | 6% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 25 CHIPCHASE CLOSE sales from October 1996 and May 2002 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 October 1996 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2002 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.
25 CHIPCHASE CLOSE is 105m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 50% of detached houses in Bedlington, based on EPC data. The below chart shows the distribution of detached houses by size in Bedlington, and where 25 CHIPCHASE CLOSE lies on this distribution: 42% of detached houses are smaller than 25 CHIPCHASE CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Bedlington.
25 CHIPCHASE CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 25 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 25 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.
25 CHIPCHASE CLOSE is located in BEDLINGTON, in the NE22 postcode district. The below map shows the position of No. 25 on CHIPCHASE CLOSE.