7, HONISTER WAY, BLYTH, NE24 3XB - £159,000

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 HONISTER WAY is a very small detached house of 84m², built sometime between 2003 and 2006. It was last sold for £159,000 in May 2016, which was around 34% below the average May 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

7 HONISTER WAY Sold Prices

Land registry data shows five sales for 7 HONISTER WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the five 7 HONISTER 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
2016 27 MAY	£159,000	£242,024	34% below HPI
2007 22 NOV	£177,000	£263,282	33% below HPI
2004 27 AUG	£159,950	£211,589	24% below HPI
2003 7 AUG	£128,000	£174,395	27% below HPI
1997 27 MAR	£65,995	£84,788	22% below HPI

7 HONISTER 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 five 7 HONISTER WAY sales between March 1997 and May 2016 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 November 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2016 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 7 HONISTER WAY?

7 HONISTER WAY is 84m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses in Blyth, based on EPC data. The below chart shows the distribution of detached houses by size in Blyth, and where 7 HONISTER WAY lies on this distribution: 20% of detached houses are smaller than 7 HONISTER WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Blyth.

7 HONISTER WAY: Plot and Title Map

7 HONISTER WAY sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 7 HONISTER 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 HONISTER 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 HONISTER WAY?

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