29, WOBURN DRIVE, BEDLINGTON, NE22 5YB - £245,000

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

29 WOBURN DRIVE is a midsized detached house of 107m², built sometime between 1976 and 1982. It was last sold for £245,000 in June 2023, which was around 23% below the average June 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

29 WOBURN DRIVE Sold Prices

Land registry data shows three sales for 29 WOBURN DRIVE 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 29 WOBURN DRIVE 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
2023 30 JUN	£245,000	£317,558	23% below HPI
2001 12 APR	£88,000	£104,000	15% below HPI
1996 26 JUL	£65,000	£83,384	22% below HPI

29 WOBURN DRIVE 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 29 WOBURN DRIVE sales between July 1996 and June 2023 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 April 2001 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 29 WOBURN DRIVE?

29 WOBURN DRIVE is 107m² according to the EPC inspection conducted in April 2023. 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 29 WOBURN DRIVE lies on this distribution: 46% of detached houses are smaller than 29 WOBURN DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Bedlington.

29 WOBURN DRIVE: Plot and Title Map

29 WOBURN DRIVE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 29 WOBURN DRIVE, 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 29 WOBURN DRIVE). 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 29 WOBURN DRIVE?

29 WOBURN DRIVE is located in BEDLINGTON, in the NE22 postcode district. The below map shows the position of No. 29 on WOBURN DRIVE.