4, ORCHID PLACE, BLYTH, NE24 4TT - £215,000

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 ORCHID PLACE is a very small detached house of 83m², which could now be worth an estimated £248,318. It was last sold for £215,000 in June 2022, which was around 31% below the average June 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2016, where the current energy rating was B, and the potential energy rating was A.

4 ORCHID PLACE Sold Prices

Land registry data shows two sales for 4 ORCHID PLACE 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 4 ORCHID PLACE 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
2022 24 JUN	£215,000	£311,514	31% below HPI
2016 19 FEB	£186,950	£248,922	25% below HPI

4 ORCHID PLACE 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 4 ORCHID PLACE sales from February 2016 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 February 2016 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2022 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 4 ORCHID PLACE be worth now?

4 ORCHID PLACE might now be worth an estimated £248,318.

This is based on house price inflation of 15.5%, between June 2022 and February 2025, for detached 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 ORCHID PLACE of £215,000 on 24th June 2022. For the value to have increased from £215,000 to £248,318 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 4 ORCHID PLACE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The June 2022 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ORCHID PLACE has not materially changed since June 2022.

How Large is 4 ORCHID PLACE?

4 ORCHID PLACE is 83m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses houses in Blyth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blyth, and where 4 ORCHID PLACE lies on this distribution: 17% of detached houses houses are smaller than 4 ORCHID PLACE, and 81% of houses are larger. Note that EPC data is not available for all properties in Blyth.

4 ORCHID PLACE: Plot and Title Map

4 ORCHID PLACE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 4 ORCHID PLACE, 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 ORCHID PLACE). 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 ORCHID PLACE?

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