8, BYERS CLOSE, BELFORD, NE70 7DA - £275,000

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 BYERS CLOSE is a small detached house of 99m², built sometime between 2003 and 2006, which could now be worth an estimated £317,616. It was last sold for £275,000 in June 2022, which was around 12% below the average June 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

8 BYERS CLOSE Sold Prices

Land registry data shows three sales for 8 BYERS 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 BYERS 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
2022 17 JUN	£275,000	£311,514	12% below HPI
2020 28 AUG	£207,000	£276,850	25% below HPI
2003 7 MAR	£104,950	£148,208	29% below HPI

8 BYERS 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 BYERS CLOSE sales between March 2003 and June 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 August 2020 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 8 BYERS CLOSE be worth now?

8 BYERS CLOSE might now be worth an estimated £317,616.

This is based on house price inflation of 15.5%, between June 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 15.5% inflationary increase is applied to the most recent sale price for 8 BYERS CLOSE of £275,000 on 17th June 2022. For the value to have increased from £275,000 to £317,616 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 8 BYERS CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The June 2022 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BYERS CLOSE has not materially changed since June 2022.

How Large is 8 BYERS CLOSE?

8 BYERS CLOSE is 99m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 30% of detached houses houses in Belford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Belford, and where 8 BYERS CLOSE lies on this distribution: 28% of detached houses houses are smaller than 8 BYERS CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Belford.

8 BYERS CLOSE: Plot and Title Map

8 BYERS CLOSE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 8 BYERS 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 BYERS 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 BYERS CLOSE?

8 BYERS CLOSE is located in BELFORD, in the NE70 postcode district. The below map shows the position of No. 8 on BYERS CLOSE.