4, DRAKE AVENUE, BLYTH, NE24 3UQ - £126,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 DRAKE AVENUE is a very small terraced house of 68m², which could now be worth an estimated £145,588. It was last sold for £126,000 in June 2022, which was around 11% below the average June 2022 terraced price in the Northumberland local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was A.

4 DRAKE AVENUE Sold Prices

Land registry data shows two sales for 4 DRAKE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Northumberland local authority area for the corresponding sale date. One of the two 4 DRAKE AVENUE sales was for below the average price, whilst the other was for above 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
2022 10 JUN	£126,000	£142,247	11% below HPI
2017 29 SEP	£125,950	£118,588	6% above HPI

4 DRAKE AVENUE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Northumberland local authority area over time, sourced from the HPI. The two 4 DRAKE AVENUE sales from September 2017 and June 2022 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 September 2017 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2022 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 4 DRAKE AVENUE be worth now?

4 DRAKE AVENUE might now be worth an estimated £145,588.

This is based on house price inflation of 15.5%, between June 2022 and July 2025, for terraced houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.5% inflationary increase is applied to the most recent sale price for 4 DRAKE AVENUE of £126,000 on 10th June 2022. For the value to have increased from £126,000 to £145,588 over the two years and eleven months to July 2025, the following assumptions must hold true:

• The value of 4 DRAKE AVENUE has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The June 2022 sale price of £126,000 represented a fair market value for the property.
• The size, condition, and specification of 4 DRAKE AVENUE has not materially changed since June 2022.

How Large is 4 DRAKE AVENUE?

4 DRAKE AVENUE is 68m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of terraced houses houses in Blyth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Blyth, and where 4 DRAKE AVENUE lies on this distribution: 5% of terraced houses houses are smaller than 4 DRAKE AVENUE, and 95% of houses are larger. Note that EPC data is not available for all properties in Blyth.

4 DRAKE AVENUE: Plot and Title Map

4 DRAKE AVENUE sits on a plot of roughly 0.022 of an acre, or 88m². The below map shows the location of 4 DRAKE AVENUE, 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 4 DRAKE AVENUE). 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 4 DRAKE AVENUE?

4 DRAKE AVENUE is located in BLYTH, in the NE24 postcode district. The below map shows the position of No. 4 on DRAKE AVENUE.