3, WELLESLEY DRIVE, BLYTH, NE24 3UZ - £187,000

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 WELLESLEY DRIVE is a small detached house of 100m². It was last sold for £187,000 in November 2016, which was around 26% below the average November 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

3 WELLESLEY DRIVE Sold Prices

Land registry data shows two sales for 3 WELLESLEY DRIVE since 1^st 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 3 WELLESLEY 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
2016 4 NOV	£187,000	£251,069	26% below HPI
2014 12 DEC	£195,000	£235,538	17% below HPI

3 WELLESLEY 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 two 3 WELLESLEY DRIVE sales from December 2014 and November 2016 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 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2016 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 3 WELLESLEY DRIVE?

3 WELLESLEY DRIVE is 100m² according to the EPC inspection conducted in November 2014. 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 WELLESLEY DRIVE lies on this distribution: 39% of detached houses are smaller than 3 WELLESLEY DRIVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Blyth.

3 WELLESLEY DRIVE: Plot and Title Map

3 WELLESLEY DRIVE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 3 WELLESLEY 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 3 WELLESLEY 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 3 WELLESLEY DRIVE?

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