7, NEWARK CLOSE, BEDLINGTON, NE22 6PD - £203,000

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 NEWARK CLOSE is a very small detached house of 76m², built sometime between 2003 and 2006. It was last sold for £203,000 in April 2010, which was around 17% below the average April 2010 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was C.

7 NEWARK CLOSE Sold Prices

Land registry data shows three sales for 7 NEWARK CLOSE 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 NEWARK CLOSE sales were for below the average price, whilst one was for above 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
2010 27 APR	£203,000	£244,564	17% below HPI
2004 9 SEP	£225,000	£219,206	3% above HPI
2002 25 NOV	£119,450	£142,410	16% below HPI

7 NEWARK 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 three 7 NEWARK CLOSE sales between November 2002 and April 2010 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 September 2004 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the April 2010 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 7 NEWARK CLOSE?

7 NEWARK CLOSE is 76m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 10% of detached houses in Bedlington, based on EPC data. The below chart shows the distribution of detached houses by size in Bedlington, and where 7 NEWARK CLOSE lies on this distribution: 9% of detached houses are smaller than 7 NEWARK CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Bedlington.

7 NEWARK CLOSE: Plot and Title Map

7 NEWARK CLOSE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 7 NEWARK 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 NEWARK 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 NEWARK CLOSE?

7 NEWARK CLOSE is located in BEDLINGTON, in the NE22 postcode district. The below map shows the position of No. 7 on NEWARK CLOSE.