7, DOWNE CLOSE, BLYTH, NE24 3RX - £190,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 DOWNE CLOSE is a very small extended detached house of 73m², built sometime between 1991 and 1995, which could now be worth an estimated £212,929. It was last sold for £190,000 in May 2024, which was around 41% below the average May 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

7 DOWNE CLOSE Sold Prices

Land registry data shows four sales for 7 DOWNE CLOSE since 1^st 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 7 DOWNE CLOSE 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
2024 10 MAY	£190,000	£321,045	41% below HPI
2001 31 AUG	£69,950	£117,763	41% below HPI
2000 22 MAR	£54,000	£99,327	46% below HPI
1999 13 AUG	£55,000	£100,874	45% below HPI

7 DOWNE CLOSE 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 four 7 DOWNE CLOSE sales between August 1999 and May 2024 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 August 2001 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2024 sale, which was also at 41% below the HPI.

What might 7 DOWNE CLOSE be worth now?

7 DOWNE CLOSE might now be worth an estimated £212,929.

This is based on house price inflation of 12.1%, between May 2024 and February 2025, for 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 12.1% inflationary increase is applied to the most recent sale price for 7 DOWNE CLOSE of £190,000 on 10th May 2024. For the value to have increased from £190,000 to £212,929 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 7 DOWNE CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The May 2024 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 7 DOWNE CLOSE has not materially changed since May 2024.

How Large is 7 DOWNE CLOSE?

7 DOWNE CLOSE is 73m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% of detached houses houses in Blyth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blyth, and where 7 DOWNE CLOSE lies on this distribution: 7% of detached houses houses are smaller than 7 DOWNE CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Blyth.

7 DOWNE CLOSE: Plot and Title Map

7 DOWNE CLOSE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 7 DOWNE 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 7 DOWNE 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 7 DOWNE CLOSE?

7 DOWNE CLOSE is located in BLYTH, in the NE24 postcode district. The below map shows the position of No. 7 on DOWNE CLOSE.