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
5 CHOLLERTON DRIVE is a small extended detached house of 97m², built sometime between 1996 and 2002. It was last sold for £172,000 in April 2018, which was around 34% below the average April 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 5 CHOLLERTON DRIVE since 1st 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 5 CHOLLERTON DRIVE 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 |
---|---|---|---|
2018 13 APR | £172,000 | £259,047 | 34% below HPI |
2017 6 OCT | £188,000 | £258,166 | 27% below HPI |
1999 26 FEB | £86,995 | £88,397 | 2% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 5 CHOLLERTON DRIVE sales between February 1999 and April 2018 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 October 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2018 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.
5 CHOLLERTON DRIVE is 97m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the smallest 30% of detached houses in Bedlington, based on EPC data. The below chart shows the distribution of detached houses by size in Bedlington, and where 5 CHOLLERTON DRIVE lies on this distribution: 28% of detached houses are smaller than 5 CHOLLERTON DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Bedlington.
5 CHOLLERTON DRIVE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 5 CHOLLERTON DRIVE, 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 5 CHOLLERTON DRIVE). 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.
5 CHOLLERTON DRIVE is located in BEDLINGTON, in the NE22 postcode district. The below map shows the position of No. 5 on CHOLLERTON DRIVE.