7, BARROWBURN PLACE, SEGHILL, CRAMLINGTON, NE23 7HA - £175,000

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

7 BARROWBURN PLACE is a very small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £175,000 in May 2020, which was around 32% below the average May 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

7 BARROWBURN PLACE Sold Prices

Land registry data shows three sales for 7 BARROWBURN PLACE since 1^st 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 7 BARROWBURN PLACE 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 22 MAY	£175,000	£258,075	32% below HPI
2003 24 OCT	£137,950	£186,327	26% below HPI
1998 27 FEB	£59,995	£84,759	29% below HPI

7 BARROWBURN PLACE 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 three 7 BARROWBURN PLACE sales between February 1998 and May 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 October 2003 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2020 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 7 BARROWBURN PLACE?

7 BARROWBURN PLACE is 77m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% of detached houses in Seghill, based on EPC data. The below chart shows the distribution of detached houses by size in Seghill, and where 7 BARROWBURN PLACE lies on this distribution: 17% of detached houses are smaller than 7 BARROWBURN PLACE, and 82% of houses are larger. Note that EPC data is not available for all properties in Seghill.

7 BARROWBURN PLACE: Plot and Title Map

7 BARROWBURN PLACE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 7 BARROWBURN PLACE, 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 BARROWBURN PLACE). 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 7 BARROWBURN PLACE?

7 BARROWBURN PLACE is located in SEGHILL, in the NE23 postcode district. The below map shows the position of No. 7 on BARROWBURN PLACE.