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
7 ALBATROSS WAY is a very small detached house of 76m², built in 2022. It was last sold for £159,995 in April 2022, which was around 47% below the average April 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2022, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 7 ALBATROSS WAY 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. One of the two 7 ALBATROSS WAY sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2022 28 APR | £159,995 | £299,246 | 47% below HPI |
2017 24 MAR | £1,545,000 | £247,059 | 525% above HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 7 ALBATROSS WAY sales from March 2017 and April 2022 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 2017 sale was for 525% above the HPI. So the extrapolation line tracks at 525% above the HPI over time, until the April 2022 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.
7 ALBATROSS WAY is 76m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of detached houses in Ashington, based on EPC data. The below chart shows the distribution of detached houses by size in Ashington, and where 7 ALBATROSS WAY lies on this distribution: 7% of detached houses are smaller than 7 ALBATROSS WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Ashington.
7 ALBATROSS WAY sits on a plot of roughly 2.5 acres, or 9,948m². The below map shows the location of 7 ALBATROSS 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 7 ALBATROSS 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.
7 ALBATROSS WAY is located in WINDMILL PARK, in the NE63 postcode district. The below map shows the position of No. 7 on ALBATROSS WAY.