8, SNOWDROP CLOSE, BLYTH, NE24 4UD - £195,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 SNOWDROP CLOSE is a small detached house of 89m², built in 2022, which could now be worth an estimated £214,758. It was last sold for £195,000 in June 2024, which was around 40% below the average June 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2022, where the current energy rating was B, and the potential energy rating was A.

8 SNOWDROP CLOSE Sold Prices

Land registry data shows two sales for 8 SNOWDROP CLOSE 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. Both of the two 8 SNOWDROP 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
2024 27 JUN	£195,000	£326,688	40% below HPI
2022 31 MAR	£209,950	£311,061	33% below HPI

8 SNOWDROP 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 two 8 SNOWDROP CLOSE sales from March 2022 and June 2024 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 March 2022 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2024 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 8 SNOWDROP CLOSE be worth now?

8 SNOWDROP CLOSE might now be worth an estimated £214,758.

This is based on house price inflation of 10.1%, between June 2024 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 10.1% inflationary increase is applied to the most recent sale price for 8 SNOWDROP CLOSE of £195,000 on 27th June 2024. For the value to have increased from £195,000 to £214,758 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 8 SNOWDROP CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The June 2024 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SNOWDROP CLOSE has not materially changed since June 2024.

How Large is 8 SNOWDROP CLOSE?

8 SNOWDROP CLOSE is 89m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 30% of detached houses houses in Blyth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blyth, and where 8 SNOWDROP CLOSE lies on this distribution: 24% of detached houses houses are smaller than 8 SNOWDROP CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Blyth.

8 SNOWDROP CLOSE: Plot and Title Map

8 SNOWDROP CLOSE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 8 SNOWDROP 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 SNOWDROP 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 SNOWDROP CLOSE?

8 SNOWDROP CLOSE is located in BLYTH, in the NE24 postcode district. The below map shows the position of No. 8 on SNOWDROP CLOSE.