8, CEDAR CLOSE, BEDLINGTON, NE22 7LW - £65,000

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

8 CEDAR CLOSE is a large detached house of 119m², built sometime between 1983 and 1990. It was last sold for £65,000 in May 2000, which was around 37% below the average May 2000 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

8 CEDAR CLOSE Sold Prices

Land registry data shows three sales for 8 CEDAR 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 CEDAR 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
2000 20 MAY	£65,000	£102,643	37% below HPI
1999 27 AUG	£74,500	£97,730	24% below HPI
1997 8 SEP	£68,500	£88,803	23% below HPI

8 CEDAR 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 CEDAR CLOSE sales between September 1997 and May 2000 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 1999 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2000 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 8 CEDAR CLOSE?

8 CEDAR CLOSE is 119m² according to the EPC inspection conducted in June 2011. This puts it in the largest 40% of detached houses in Bedlington, based on EPC data. The below chart shows the distribution of detached houses by size in Bedlington, and where 8 CEDAR CLOSE lies on this distribution: 65% of detached houses are smaller than 8 CEDAR CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Bedlington.

8 CEDAR CLOSE: Plot and Title Map

8 CEDAR CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 8 CEDAR 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 CEDAR 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 CEDAR CLOSE?

8 CEDAR CLOSE is located in BEDLINGTON, in the NE22 postcode district. The below map shows the position of No. 8 on CEDAR CLOSE.