8, RABY CLOSE, BEDLINGTON, NE22 6NL - £222,000

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 RABY CLOSE is a large detached house of 127m², built sometime between 1996 and 2002, which could now be worth an estimated £317,739. It was last sold for £222,000 in March 2016, which was around 12% below the average March 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

8 RABY CLOSE Sold Prices

Land registry data shows three sales for 8 RABY 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 RABY 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
2016 24 MAR	£222,000	£251,380	12% below HPI
2001 10 AUG	£103,000	£117,763	13% below HPI
1997 29 APR	£90,950	£90,247	1% above HPI

8 RABY 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 RABY CLOSE sales between April 1997 and March 2016 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 2001 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2016 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 8 RABY CLOSE be worth now?

8 RABY CLOSE might now be worth an estimated £317,739.

This is based on house price inflation of 43.1%, between March 2016 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 43.1% inflationary increase is applied to the most recent sale price for 8 RABY CLOSE of £222,000 on 24th March 2016. For the value to have increased from £222,000 to £317,739 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 8 RABY CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The March 2016 sale price of £222,000 represented a fair market value for the property.
• The size, condition, and specification of 8 RABY CLOSE has not materially changed since March 2016.

How Large is 8 RABY CLOSE?

8 RABY CLOSE is 127m² according to the EPC inspection conducted in October 2008. This puts it in the largest 30% 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 RABY CLOSE lies on this distribution: 72% of detached houses houses are smaller than 8 RABY CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Bedlington.

8 RABY CLOSE: Plot and Title Map

8 RABY CLOSE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 8 RABY 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 RABY 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 RABY CLOSE?

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