7, MEDBURN ROAD, HOLYWELL, WHITLEY BAY, NE25 0NE - £296,500

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 MEDBURN ROAD is a midsized extended detached house of 122m², built sometime between 1967 and 1975. It was last sold for £296,500 in January 2021, which was around 4% above the average January 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

7 MEDBURN ROAD Sold Prices

Land registry data shows three sales for 7 MEDBURN ROAD 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. Two of the three 7 MEDBURN ROAD sales were for above the average price, whilst one was 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
2021 5 JAN	£296,500	£283,795	4% above HPI
2016 16 DEC	£239,000	£250,607	5% below HPI
2000 25 OCT	£123,000	£105,746	16% above HPI

7 MEDBURN ROAD 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 MEDBURN ROAD sales between October 2000 and January 2021 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 December 2016 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the January 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 7 MEDBURN ROAD?

7 MEDBURN ROAD is 122m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the largest 50% of detached houses in Seaton Delaval, based on EPC data. The below chart shows the distribution of detached houses by size in Seaton Delaval, and where 7 MEDBURN ROAD lies on this distribution: 59% of detached houses are smaller than 7 MEDBURN ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Seaton Delaval.

7 MEDBURN ROAD: Plot and Title Map

7 MEDBURN ROAD sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 7 MEDBURN ROAD, 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 MEDBURN ROAD). 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 MEDBURN ROAD?

7 MEDBURN ROAD is located in HOLYWELL, in the NE25 postcode district. The below map shows the position of No. 7 on MEDBURN ROAD.