34, ROWAN CLOSE, BEDLINGTON, NE22 7LG - £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

34 ROWAN CLOSE is a very small detached house of 52m², built sometime between 1991 and 1995. It was last sold for £195,000 in June 2024, which was around 43% below the average June 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

34 ROWAN CLOSE Sold Prices

Land registry data shows six sales for 34 ROWAN CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the six 34 ROWAN 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
2024 14 JUN	£195,000	£341,624	43% below HPI
2020 2 OCT	£174,000	£279,307	38% below HPI
2012 19 NOV	£155,000	£231,739	33% below HPI
2009 5 OCT	£174,000	£240,223	28% below HPI
2003 6 JUN	£119,950	£163,484	27% below HPI
1995 9 JUN	£60,000	£79,426	24% below HPI

34 ROWAN 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 six 34 ROWAN CLOSE sales between June 1995 and June 2024 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 2020 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2024 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 34 ROWAN CLOSE?

34 ROWAN CLOSE is 52m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses in Bedlington, based on EPC data. The below chart shows the distribution of detached houses by size in Bedlington, and where 34 ROWAN CLOSE lies on this distribution: 1% of detached houses are smaller than 34 ROWAN CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bedlington.

34 ROWAN CLOSE: Plot and Title Map

34 ROWAN CLOSE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 34 ROWAN 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 34 ROWAN 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 34 ROWAN CLOSE?

34 ROWAN CLOSE is located in BEDLINGTON, in the NE22 postcode district. The below map shows the position of No. 34 on ROWAN CLOSE.