7, FLOYD WAY, ESSENDENE RISE, ASHINGTON, NE63 0FE - £225,000

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 FLOYD WAY is a small detached house of 91m², built in 2022. It was last sold for £225,000 in August 2024, which was around 36% below the average August 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2022, where the current energy rating was B, and the potential energy rating was A.

7 FLOYD WAY Sold Prices

Land registry data shows two sales for 7 FLOYD WAY since 1^st 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. Both of the two 7 FLOYD WAY 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 12 AUG	£225,000	£352,033	36% below HPI
2022 28 OCT	£214,995	£327,541	34% below HPI

7 FLOYD WAY 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 two 7 FLOYD WAY sales from October 2022 and August 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 October 2022 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2024 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 7 FLOYD WAY?

7 FLOYD WAY is 91m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 30% 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 FLOYD WAY lies on this distribution: 27% of detached houses are smaller than 7 FLOYD WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Ashington.

7 FLOYD WAY: Plot and Title Map

7 FLOYD WAY sits on a plot of roughly 3.9 acres, or 15,598m². The below map shows the location of 7 FLOYD 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 FLOYD 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.

Where is 7 FLOYD WAY?

7 FLOYD WAY is located in ESSENDENE RISE, in the NE63 postcode district. The below map shows the position of No. 7 on FLOYD WAY.