8, STAKEFORD LANE, CHOPPINGTON, NE62 5JB - £285,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 STAKEFORD LANE is a very large extended detached house of 175m², built sometime between 1930 and 1949. It was last sold for £285,000 in September 2023, which was around 13% below the average September 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was D.

8 STAKEFORD LANE Sold Prices

Land registry data shows four sales for 8 STAKEFORD LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four 8 STAKEFORD LANE 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
2023 29 SEP	£285,000	£328,413	13% below HPI
2017 13 NOV	£238,000	£252,671	6% below HPI
2005 10 JUN	£222,000	£223,641	1% below HPI
2000 22 SEP	£65,500	£107,230	39% below HPI

8 STAKEFORD LANE 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 four 8 STAKEFORD LANE sales between September 2000 and September 2023 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 November 2017 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2023 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 8 STAKEFORD LANE?

8 STAKEFORD LANE is 175m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the largest 10% of detached houses in Stakeford, based on EPC data. The below chart shows the distribution of detached houses by size in Stakeford, and where 8 STAKEFORD LANE lies on this distribution: 94% of detached houses are smaller than 8 STAKEFORD LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Stakeford.

8 STAKEFORD LANE: Plot and Title Map

8 STAKEFORD LANE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 8 STAKEFORD LANE, 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 STAKEFORD LANE). 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 STAKEFORD LANE?

8 STAKEFORD LANE is located in CHOPPINGTON, in the NE62 postcode district. The below map shows the position of No. 8 on STAKEFORD LANE.