4, SOUTH FARM, NEDDERTON VILLAGE, BEDLINGTON, NE22 6BH - £350,000

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 SOUTH FARM is a midsized extended detached house of 150m², built sometime between 2003 and 2006. It was last sold for £350,000 in October 2018, which was around 34% above the average October 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

4 SOUTH FARM Sold Prices

Land registry data shows two sales for 4 SOUTH FARM 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 SOUTH FARM sales were 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
2018 31 OCT	£350,000	£261,980	34% above HPI
2004 7 MAY	£315,000	£194,584	62% above HPI

4 SOUTH FARM 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 SOUTH FARM sales from May 2004 and October 2018 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 May 2004 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the October 2018 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 4 SOUTH FARM?

4 SOUTH FARM is 150m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the largest 50% of detached houses in Nedderton, based on EPC data. The below chart shows the distribution of detached houses by size in Nedderton, and where 4 SOUTH FARM lies on this distribution: 56% of detached houses are smaller than 4 SOUTH FARM, and 44% of houses are larger. Note that EPC data is not available for all properties in Nedderton.

4 SOUTH FARM: Plot and Title Map

4 SOUTH FARM sits on a plot of roughly 0.152 of an acre, or 614m². The below map shows the location of 4 SOUTH FARM, 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 SOUTH FARM). 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 SOUTH FARM?

4 SOUTH FARM is located in NEDDERTON VILLAGE, in the NE22 postcode district. The below map shows the position of No. 4 on SOUTH FARM.