41, NORHAM CLOSE, BLYTH, NE24 5EL - £104,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

41 NORHAM CLOSE is a very small detached house of 66m², built sometime between 1967 and 1975, which could now be worth an estimated £124,581. It was last sold for £104,950 in January 2022, which was around 65% below the average January 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

41 NORHAM CLOSE Sold Prices

Land registry data shows three sales for 41 NORHAM CLOSE 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 41 NORHAM 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
2022 26 JAN	£104,950	£303,095	65% below HPI
2005 23 AUG	£97,000	£237,309	59% below HPI
1999 29 OCT	£34,000	£100,887	66% below HPI

41 NORHAM 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 three 41 NORHAM CLOSE sales between October 1999 and January 2022 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 August 2005 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the January 2022 sale, where it falls to 65% below the HPI. The line then continues to track at 65% below the HPI.

What might 41 NORHAM CLOSE be worth now?

41 NORHAM CLOSE might now be worth an estimated £124,581.

This is based on house price inflation of 18.7%, between January 2022 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 18.7% inflationary increase is applied to the most recent sale price for 41 NORHAM CLOSE of £104,950 on 26th January 2022. For the value to have increased from £104,950 to £124,581 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 41 NORHAM CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The January 2022 sale price of £104,950 represented a fair market value for the property.
• The size, condition, and specification of 41 NORHAM CLOSE has not materially changed since January 2022.

How Large is 41 NORHAM CLOSE?

41 NORHAM CLOSE is 66m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% of detached houses houses in Blyth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blyth, and where 41 NORHAM CLOSE lies on this distribution: 4% of detached houses houses are smaller than 41 NORHAM CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Blyth.

41 NORHAM CLOSE: Plot and Title Map

41 NORHAM CLOSE sits on a plot of roughly 0.027 of an acre, or 109m². The below map shows the location of 41 NORHAM 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 41 NORHAM 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 41 NORHAM CLOSE?

41 NORHAM CLOSE is located in BLYTH, in the NE24 postcode district. The below map shows the position of No. 41 on NORHAM CLOSE.