41, NORTH BANK, BELFORD, NE70 7LZ - £290,000

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

41 NORTH BANK is a small detached house of 101m², built sometime between 1983 and 1990. It was last sold for £290,000 in March 2022, which was around 4% below the average March 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

41 NORTH BANK Sold Prices

Land registry data shows four sales for 41 NORTH BANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Most of the four 41 NORTH BANK 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 18 MAR	£290,000	£301,366	4% below HPI
2008 11 AUG	£212,500	£253,811	16% below HPI
2007 10 OCT	£270,000	£260,342	4% above HPI
2000 3 MAR	£85,000	£96,231	12% below HPI

41 NORTH BANK 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 four 41 NORTH BANK sales between March 2000 and March 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 2008 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 41 NORTH BANK?

41 NORTH BANK is 101m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 40% of detached houses in Belford, based on EPC data. The below chart shows the distribution of detached houses by size in Belford, and where 41 NORTH BANK lies on this distribution: 39% of detached houses are smaller than 41 NORTH BANK, and 61% of houses are larger. Note that EPC data is not available for all properties in Belford.

41 NORTH BANK: Plot and Title Map

41 NORTH BANK sits on a plot of roughly 0.113 of an acre, or 455m². The below map shows the location of 41 NORTH BANK, 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 NORTH BANK). 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 NORTH BANK?

41 NORTH BANK is located in BELFORD, in the NE70 postcode district. The below map shows the position of No. 41 on NORTH BANK.