3, MEDWYN CLOSE, BLYTH, NE24 3SZ - £195,000

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

3 MEDWYN CLOSE is a small detached house of 96m², built sometime between 1996 and 2002. It was last sold for £195,000 in October 2010, which was around 22% below the average October 2010 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

3 MEDWYN CLOSE Sold Prices

Land registry data shows three sales for 3 MEDWYN 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. All of the three 3 MEDWYN 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
2010 15 OCT	£195,000	£251,056	22% below HPI
2005 15 DEC	£205,000	£232,388	12% below HPI
2000 31 MAR	£93,000	£96,231	3% below HPI

3 MEDWYN 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 3 MEDWYN CLOSE sales between March 2000 and October 2010 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 December 2005 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2010 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 MEDWYN CLOSE?

3 MEDWYN CLOSE is 96m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 40% of detached houses in Blyth, based on EPC data. The below chart shows the distribution of detached houses by size in Blyth, and where 3 MEDWYN CLOSE lies on this distribution: 35% of detached houses are smaller than 3 MEDWYN CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Blyth.

3 MEDWYN CLOSE: Plot and Title Map

3 MEDWYN CLOSE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 3 MEDWYN 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 3 MEDWYN 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 3 MEDWYN CLOSE?

3 MEDWYN CLOSE is located in BLYTH, in the NE24 postcode district. The below map shows the position of No. 3 on MEDWYN CLOSE.