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
48 MALVINS ROAD is a very small detached house of 75m². It was last sold for £132,000 in December 2019, which was around 48% below the average December 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2017, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 48 MALVINS ROAD since 1st 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 48 MALVINS ROAD 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 |
---|---|---|---|
2019 16 DEC | £132,000 | £253,517 | 48% below HPI |
2017 30 JUN | £125,396 | £250,125 | 50% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 48 MALVINS ROAD sales from June 2017 and December 2019 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 2017 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the December 2019 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.
48 MALVINS ROAD is 75m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of detached houses in Blyth, based on EPC data. The below chart shows the distribution of detached houses by size in Blyth, and where 48 MALVINS ROAD lies on this distribution: 8% of detached houses are smaller than 48 MALVINS ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Blyth.
48 MALVINS ROAD sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 48 MALVINS ROAD, 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 48 MALVINS ROAD). 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.
48 MALVINS ROAD is located in BLYTH, in the NE24 postcode district. The below map shows the position of No. 48 on MALVINS ROAD.