8, BRECON CLOSE, ASHINGTON, NE63 0HT - £224,000

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.

8 BRECON CLOSE is a small detached house of 91m², built sometime between 1991 and 1995, which could now be worth an estimated £268,390. It was last sold for £224,000 in October 2021, which was around 25% below the average October 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

8 BRECON CLOSE Sold Prices

Land registry data shows three sales for 8 BRECON 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. All of the three 8 BRECON CLOSE 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
2021 18 OCT	£224,000	£300,282	25% below HPI
2021 18 JAN	£180,000	£292,925	39% below HPI
1997 31 JAN	£65,000	£84,907	23% below HPI

8 BRECON 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 8 BRECON CLOSE sales between January 1997 and October 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 January 2021 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 8 BRECON CLOSE be worth now?

8 BRECON CLOSE might now be worth an estimated £268,390.

This is based on house price inflation of 19.8%, between October 2021 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 19.8% inflationary increase is applied to the most recent sale price for 8 BRECON CLOSE of £224,000 on 18th October 2021. For the value to have increased from £224,000 to £268,390 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 BRECON CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The October 2021 sale price of £224,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BRECON CLOSE has not materially changed since October 2021.

How Large is 8 BRECON CLOSE?

8 BRECON CLOSE is 91m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 30% of detached houses houses in Ashington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashington, and where 8 BRECON CLOSE lies on this distribution: 27% of detached houses houses are smaller than 8 BRECON CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Ashington.

8 BRECON CLOSE: Plot and Title Map

8 BRECON CLOSE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 8 BRECON 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 8 BRECON 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 8 BRECON CLOSE?

8 BRECON CLOSE is located in ASHINGTON, in the NE63 postcode district. The below map shows the position of No. 8 on BRECON CLOSE.