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 FALCON GRANGE is a midsized detached house of 112m², built sometime between 1996 and 2002. It was last sold for £230,000 in September 2018, which was around 13% below the average September 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2021, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows four sales for 5 FALCON GRANGE since 1st 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. All of the four 5 FALCON GRANGE 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 11 SEP | £230,000 | £264,749 | 13% below HPI |
2006 13 APR | £212,500 | £228,957 | 7% below HPI |
2002 30 MAY | £120,000 | £121,392 | 1% below HPI |
1996 12 JUN | £67,000 | £82,047 | 18% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The four 5 FALCON GRANGE sales between June 1996 and September 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 April 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.
5 FALCON GRANGE is 112m² according to the EPC inspection conducted in July 2021. This puts it in the largest 50% of detached houses in Redburn, based on EPC data. The below chart shows the distribution of detached houses by size in Redburn, and where 5 FALCON GRANGE lies on this distribution: 50% of detached houses are smaller than 5 FALCON GRANGE, and 50% of houses are larger. Note that EPC data is not available for all properties in Redburn.
5 FALCON GRANGE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 5 FALCON GRANGE, 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 FALCON GRANGE). 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 FALCON GRANGE is located in BARDON MILL, in the NE47 postcode district. The below map shows the position of No. 5 on FALCON GRANGE.