6, CHIPCHASE CLOSE, BEDLINGTON, NE22 6ND - £150,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 CHIPCHASE CLOSE is a very small semi-detached house of 70m², built sometime between 1991 and 1995, which could now be worth an estimated £247,520. It was last sold for £150,000 in August 2004, which was around 27% above the average August 2004 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

6 CHIPCHASE CLOSE Sold Prices

Land registry data shows three sales for 6 CHIPCHASE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. All of the three 6 CHIPCHASE CLOSE sales were for above 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
2004 6 AUG	£150,000	£118,322	27% above HPI
2002 15 MAR	£65,995	£60,082	10% above HPI
1995 13 JAN	£58,500	£42,846	37% above HPI

6 CHIPCHASE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 6 CHIPCHASE CLOSE sales between January 1995 and August 2004 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 2002 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2004 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 6 CHIPCHASE CLOSE be worth now?

6 CHIPCHASE CLOSE might now be worth an estimated £247,520.

This is based on house price inflation of 65%, between August 2004 and February 2025, for semi-detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65% inflationary increase is applied to the most recent sale price for 6 CHIPCHASE CLOSE of £150,000 on 6th August 2004. For the value to have increased from £150,000 to £247,520 over the 21 years and six months to February 2025, the following assumptions must hold true:

• The value of 6 CHIPCHASE CLOSE has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The August 2004 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 6 CHIPCHASE CLOSE has not materially changed since August 2004.

How Large is 6 CHIPCHASE CLOSE?

6 CHIPCHASE CLOSE is 70m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% of semi-detached houses houses in Bedlington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bedlington, and where 6 CHIPCHASE CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 6 CHIPCHASE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Bedlington.

6 CHIPCHASE CLOSE: Plot and Title Map

6 CHIPCHASE CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 6 CHIPCHASE CLOSE, 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 6 CHIPCHASE CLOSE). 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 6 CHIPCHASE CLOSE?

6 CHIPCHASE CLOSE is located in BEDLINGTON, in the NE22 postcode district. The below map shows the position of No. 6 on CHIPCHASE CLOSE.