40, MELVILLE AVENUE, BLYTH, NE24 3SU - £187,000

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.

40 MELVILLE AVENUE is a very large extended semi-detached house of 129m², built sometime between 1996 and 2002, which could now be worth an estimated £276,006. It was last sold for £187,000 in October 2014, which was around 41% above the average October 2014 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

40 MELVILLE AVENUE Sold Prices

Land registry data shows three sales for 40 MELVILLE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. All of the three 40 MELVILLE AVENUE 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
2014 31 OCT	£187,000	£132,284	41% above HPI
2006 7 APR	£182,950	£130,757	40% above HPI
2000 24 NOV	£85,000	£52,149	63% above HPI

40 MELVILLE AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 40 MELVILLE AVENUE sales between November 2000 and October 2014 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 April 2006 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the October 2014 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 40 MELVILLE AVENUE be worth now?

40 MELVILLE AVENUE might now be worth an estimated £276,006.

This is based on house price inflation of 47.6%, between October 2014 and February 2025, for semi-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 47.6% inflationary increase is applied to the most recent sale price for 40 MELVILLE AVENUE of £187,000 on 31st October 2014. For the value to have increased from £187,000 to £276,006 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 40 MELVILLE AVENUE has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The October 2014 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of 40 MELVILLE AVENUE has not materially changed since October 2014.

How Large is 40 MELVILLE AVENUE?

40 MELVILLE AVENUE is 129m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 20% of semi-detached houses houses in Blyth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Blyth, and where 40 MELVILLE AVENUE lies on this distribution: 82% of semi-detached houses houses are smaller than 40 MELVILLE AVENUE, and 18% of houses are larger. Note that EPC data is not available for all properties in Blyth.

40 MELVILLE AVENUE: Plot and Title Map

40 MELVILLE AVENUE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 40 MELVILLE 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 40 MELVILLE 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 40 MELVILLE AVENUE?

40 MELVILLE AVENUE is located in BLYTH, in the NE24 postcode district. The below map shows the position of No. 40 on MELVILLE AVENUE.