40, KNARESBOROUGH CLOSE, BEDLINGTON, NE22 6NT - £192,000

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

40 KNARESBOROUGH CLOSE is a large extended detached house of 120m², built sometime between 1996 and 2002. It was last sold for £192,000 in March 2019, which was around 23% below the average March 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

40 KNARESBOROUGH CLOSE Sold Prices

Land registry data shows two sales for 40 KNARESBOROUGH CLOSE 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 40 KNARESBOROUGH 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
2019 29 MAR	£192,000	£249,792	23% below HPI
1999 23 JUN	£72,000	£95,555	25% below HPI

40 KNARESBOROUGH 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 two 40 KNARESBOROUGH CLOSE sales from June 1999 and March 2019 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 June 1999 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2019 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 40 KNARESBOROUGH CLOSE?

40 KNARESBOROUGH CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the largest 40% of detached houses in Bedlington, based on EPC data. The below chart shows the distribution of detached houses by size in Bedlington, and where 40 KNARESBOROUGH CLOSE lies on this distribution: 65% of detached houses are smaller than 40 KNARESBOROUGH CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Bedlington.

40 KNARESBOROUGH CLOSE: Plot and Title Map

40 KNARESBOROUGH CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 40 KNARESBOROUGH 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 40 KNARESBOROUGH 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 40 KNARESBOROUGH CLOSE?

40 KNARESBOROUGH CLOSE is located in BEDLINGTON, in the NE22 postcode district. The below map shows the position of No. 40 on KNARESBOROUGH CLOSE.