47, NORTH BANK, BELFORD, NE70 7LZ - £165,000

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

47 NORTH BANK is a small detached house of 100m², built sometime between 1996 and 2002. It was last sold for £165,000 in November 2008, which was around 33% below the average November 2008 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2016, where the current energy rating was B, and the potential energy rating was A.

47 NORTH BANK Sold Prices

Land registry data shows two sales for 47 NORTH BANK 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 47 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
2008 7 NOV	£165,000	£244,452	33% below HPI
2000 3 MAR	£90,000	£96,231	6% below HPI

47 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 two 47 NORTH BANK sales from March 2000 and November 2008 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 March 2000 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2008 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 47 NORTH BANK?

47 NORTH BANK is 100m² according to the EPC inspection conducted in January 2016. 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 47 NORTH BANK lies on this distribution: 37% of detached houses are smaller than 47 NORTH BANK, and 62% of houses are larger. Note that EPC data is not available for all properties in Belford.

47 NORTH BANK: Plot and Title Map

47 NORTH BANK sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 47 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 47 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 47 NORTH BANK?

47 NORTH BANK is located in BELFORD, in the NE70 postcode district. The below map shows the position of No. 47 on NORTH BANK.