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 MAGPIE COURT is a very small detached house of 65m², built sometime between 1983 and 1990. It was last sold for £177,000 in June 2017, which was around 29% below the average June 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for 8 MAGPIE COURT since 1st 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 MAGPIE COURT 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 |
---|---|---|---|
2017 9 JUN | £177,000 | £250,125 | 29% below HPI |
2013 13 DEC | £160,000 | £229,709 | 30% below HPI |
2004 27 FEB | £135,000 | £182,271 | 26% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 8 MAGPIE COURT sales between February 2004 and June 2017 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 December 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2017 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.
8 MAGPIE COURT is 65m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 10% of detached houses in Ashington, based on EPC data. The below chart shows the distribution of detached houses by size in Ashington, and where 8 MAGPIE COURT lies on this distribution: 2% of detached houses are smaller than 8 MAGPIE COURT, and 98% of houses are larger. Note that EPC data is not available for all properties in Ashington.
8 MAGPIE COURT sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 8 MAGPIE COURT, 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 MAGPIE COURT). 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.
8 MAGPIE COURT is located in ASHINGTON, in the NE63 postcode district. The below map shows the position of No. 8 on MAGPIE COURT.