8, THE CLOSE, AMBLE, MORPETH, NE65 0HZ - £71,000

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 THE CLOSE is a midsized detached house of 108m², built sometime between 1996 and 2002. It was last sold for £71,000 in October 2001, which was around 38% below the average October 2001 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

8 THE CLOSE Sold Prices

Land registry data shows three sales for 8 THE 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. All of the three 8 THE 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
2001 23 OCT	£71,000	£115,150	38% below HPI
1999 21 MAY	£64,000	£93,402	31% below HPI
1998 3 APR	£59,950	£86,704	31% below HPI

8 THE 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 THE CLOSE sales between April 1998 and October 2001 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 May 1999 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2001 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 8 THE CLOSE?

8 THE CLOSE is 108m² according to the EPC inspection conducted in February 2015. This puts it in the largest 50% of detached houses in Amble, based on EPC data. The below chart shows the distribution of detached houses by size in Amble, and where 8 THE CLOSE lies on this distribution: 53% of detached houses are smaller than 8 THE CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Amble.

8 THE CLOSE: Plot and Title Map

8 THE CLOSE sits on a plot of roughly 0.068 of an acre, or 273m². The below map shows the location of 8 THE 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 THE 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 THE CLOSE?

8 THE CLOSE is located in AMBLE, in the NE65 postcode district. The below map shows the position of No. 8 on THE CLOSE.