4, RIVER VIEW CLOSE, BEDLINGTON, NE22 5LP - £95,000

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

4 RIVER VIEW CLOSE is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £95,000 in November 2012, which was around 59% below the average November 2012 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was B.

4 RIVER VIEW CLOSE Sold Prices

Land registry data shows three sales for 4 RIVER VIEW 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 4 RIVER VIEW 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
2012 23 NOV	£95,000	£231,739	59% below HPI
2003 6 NOV	£130,000	£189,023	31% below HPI
1999 30 JUL	£58,500	£98,026	40% below HPI

4 RIVER VIEW 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 4 RIVER VIEW CLOSE sales between July 1999 and November 2012 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 November 2003 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2012 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.

How Large is 4 RIVER VIEW CLOSE?

4 RIVER VIEW CLOSE is 78m² according to the EPC inspection conducted in March 2013. 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 4 RIVER VIEW CLOSE lies on this distribution: 10% of detached houses are smaller than 4 RIVER VIEW CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Bedlington.

4 RIVER VIEW CLOSE: Plot and Title Map

4 RIVER VIEW CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 4 RIVER VIEW 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 4 RIVER VIEW 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 4 RIVER VIEW CLOSE?

4 RIVER VIEW CLOSE is located in BEDLINGTON, in the NE22 postcode district. The below map shows the position of No. 4 on RIVER VIEW CLOSE.