8, DIXON ROAD, BELFORD, NE70 7DD - £237,500

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 DIXON ROAD is a very large detached house of 137m², built sometime between 2003 and 2006, which could now be worth an estimated £308,650. It was last sold for £237,500 in August 2020, which was around 14% below the average August 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

8 DIXON ROAD Sold Prices

Land registry data shows two sales for 8 DIXON ROAD 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 8 DIXON ROAD sales was for below the average price, whilst the other 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
2020 7 AUG	£237,500	£276,850	14% below HPI
2004 17 AUG	£219,950	£218,396	1% above HPI

8 DIXON ROAD 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 8 DIXON ROAD sales from August 2004 and August 2020 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 2004 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2020 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 8 DIXON ROAD be worth now?

8 DIXON ROAD might now be worth an estimated £308,650.

This is based on house price inflation of 30%, between August 2020 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 30% inflationary increase is applied to the most recent sale price for 8 DIXON ROAD of £237,500 on 7th August 2020. For the value to have increased from £237,500 to £308,650 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 8 DIXON ROAD has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The August 2020 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of 8 DIXON ROAD has not materially changed since August 2020.

How Large is 8 DIXON ROAD?

8 DIXON ROAD is 137m² according to the EPC inspection conducted in March 2020. This puts it in the largest 20% 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 DIXON ROAD lies on this distribution: 86% of detached houses houses are smaller than 8 DIXON ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Belford.

8 DIXON ROAD: Plot and Title Map

8 DIXON ROAD sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 8 DIXON ROAD, 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 DIXON ROAD). 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 DIXON ROAD?

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