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

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 MELVILLE AVENUE is a very large extended semi-detached house of 129m², built sometime between 1996 and 2002. It was last sold for £187,000 in October 2014, which was around 22% below the average October 2014 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 detached price in the Northumberland local authority area for the corresponding sale date. All of the three 40 MELVILLE AVENUE 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
2014 31 OCT	£187,000	£238,674	22% below HPI
2006 7 APR	£182,950	£228,957	20% below HPI
2000 24 NOV	£85,000	£102,048	17% below HPI

40 MELVILLE AVENUE 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 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 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2014 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

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 detached houses in Blyth, based on EPC data. The below chart shows the distribution of detached houses by size in Blyth, and where 40 MELVILLE AVENUE lies on this distribution: 83% of detached houses are smaller than 40 MELVILLE AVENUE, and 17% 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.