8, CONWAY CLOSE, BEDLINGTON, NE22 6NJ - £205,000

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 CONWAY CLOSE is a large detached house of 118m², built sometime between 1996 and 2002, which could now be worth an estimated £279,941. It was last sold for £205,000 in December 2018, which was around 22% below the average December 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2018, where the current energy rating was B, and the potential energy rating was B.

8 CONWAY CLOSE Sold Prices

Land registry data shows three sales for 8 CONWAY 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 8 CONWAY 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
2018 5 DEC	£205,000	£263,472	22% below HPI
2018 28 SEP	£230,000	£273,265	16% below HPI
1996 7 JUN	£87,950	£84,687	4% above HPI

8 CONWAY 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 CONWAY CLOSE sales between June 1996 and December 2018 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 2018 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2018 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 8 CONWAY CLOSE be worth now?

8 CONWAY CLOSE might now be worth an estimated £279,941.

This is based on house price inflation of 36.6%, between December 2018 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 36.6% inflationary increase is applied to the most recent sale price for 8 CONWAY CLOSE of £205,000 on 5th December 2018. For the value to have increased from £205,000 to £279,941 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 CONWAY CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The December 2018 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CONWAY CLOSE has not materially changed since December 2018.

How Large is 8 CONWAY CLOSE?

8 CONWAY CLOSE is 118m² according to the EPC inspection conducted in July 2018. This puts it in the largest 40% of detached houses houses in Bedlington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bedlington, and where 8 CONWAY CLOSE lies on this distribution: 61% of detached houses houses are smaller than 8 CONWAY CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Bedlington.

8 CONWAY CLOSE: Plot and Title Map

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

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