40, THE VILLAGE, CHRISTON BANK, ALNWICK, NE66 3EY - £215,000

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 THE VILLAGE is a very small extended detached house of 66m², built sometime between 1900 and 1929, which could now be worth an estimated £290,293. It was last sold for £215,000 in October 2017, which was around 19% below the average October 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was C.

40 THE VILLAGE Sold Prices

Land registry data shows two sales for 40 THE VILLAGE 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 THE VILLAGE 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
2017 24 OCT	£215,000	£266,471	19% below HPI
2014 26 JUN	£105,000	£239,207	56% below HPI

40 THE VILLAGE 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 THE VILLAGE sales from June 2014 and October 2017 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 2014 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the October 2017 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 40 THE VILLAGE be worth now?

40 THE VILLAGE might now be worth an estimated £290,293.

This is based on house price inflation of 35%, between October 2017 and February 2025, for 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 35% inflationary increase is applied to the most recent sale price for 40 THE VILLAGE of £215,000 on 24th October 2017. For the value to have increased from £215,000 to £290,293 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 40 THE VILLAGE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The October 2017 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 40 THE VILLAGE has not materially changed since October 2017.

How Large is 40 THE VILLAGE?

40 THE VILLAGE is 66m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of detached houses houses in Christon Bank, based on EPC data. The below chart shows the distribution of detached houses houses by size in Christon Bank, and where 40 THE VILLAGE lies on this distribution: 2% of detached houses houses are smaller than 40 THE VILLAGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Christon Bank.

40 THE VILLAGE: Plot and Title Map

40 THE VILLAGE sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 40 THE VILLAGE, 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 THE VILLAGE). 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 THE VILLAGE?

40 THE VILLAGE is located in CHRISTON BANK, in the NE66 postcode district. The below map shows the position of No. 40 on THE VILLAGE.