5, ELFIN WAY, BLYTH, NE24 3RQ - £188,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 ELFIN WAY is a very large detached house of 127m², built sometime between 2003 and 2006. It was last sold for £188,000 in November 2020, which was around 33% below the average November 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

5 ELFIN WAY Sold Prices

Land registry data shows two sales for 5 ELFIN WAY 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 5 ELFIN WAY 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
2020 20 NOV	£188,000	£281,565	33% below HPI
2015 20 NOV	£185,000	£246,479	25% below HPI

5 ELFIN WAY 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 5 ELFIN WAY sales from November 2015 and November 2020 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 November 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 5 ELFIN WAY?

5 ELFIN WAY is 127m² according to the EPC inspection conducted in May 2014. This puts it in the largest 20% of detached houses in Blyth, based on EPC data. The below chart shows the distribution of detached houses by size in Blyth, and where 5 ELFIN WAY lies on this distribution: 82% of detached houses are smaller than 5 ELFIN WAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Blyth.

5 ELFIN WAY: Plot and Title Map

5 ELFIN WAY sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 5 ELFIN WAY, 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 ELFIN WAY). 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 5 ELFIN WAY?

5 ELFIN WAY is located in BLYTH, in the NE24 postcode district. The below map shows the position of No. 5 on ELFIN WAY.