7, NORTH FARM ESTATE, NEDDERTON VILLAGE, BEDLINGTON, NE22 6AY - £290,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 NORTH FARM ESTATE is a very small detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £333,458. It was last sold for £290,000 in May 2022, which was around 7% below the average May 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

7 NORTH FARM ESTATE Sold Prices

Land registry data shows two sales for 7 NORTH FARM ESTATE 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. One of the two 7 NORTH FARM ESTATE sales was for below the average price, whilst the other was roughly equal to 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
2022 17 MAY	£290,000	£312,899	7% below HPI
1996 14 JUN	£85,000	£84,687	Close to HPI

7 NORTH FARM ESTATE 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 NORTH FARM ESTATE sales from June 1996 and May 2022 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 June 1996 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2022 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 7 NORTH FARM ESTATE be worth now?

7 NORTH FARM ESTATE might now be worth an estimated £333,458.

This is based on house price inflation of 15%, between May 2022 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 15% inflationary increase is applied to the most recent sale price for 7 NORTH FARM ESTATE of £290,000 on 17th May 2022. For the value to have increased from £290,000 to £333,458 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 7 NORTH FARM ESTATE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The May 2022 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 7 NORTH FARM ESTATE has not materially changed since May 2022.

How Large is 7 NORTH FARM ESTATE?

7 NORTH FARM ESTATE is 92m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses houses in Nedderton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nedderton, and where 7 NORTH FARM ESTATE lies on this distribution: 2% of detached houses houses are smaller than 7 NORTH FARM ESTATE, and 98% of houses are larger. Note that EPC data is not available for all properties in Nedderton.

7 NORTH FARM ESTATE: Plot and Title Map

7 NORTH FARM ESTATE sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of 7 NORTH FARM ESTATE, 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 NORTH FARM ESTATE). 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 NORTH FARM ESTATE?

7 NORTH FARM ESTATE is located in NEDDERTON VILLAGE, in the NE22 postcode district. The below map shows the position of No. 7 on NORTH FARM ESTATE.