8, TOWNFOOT STEADING, LESBURY, ALNWICK, NE66 3AR - £390,000

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 TOWNFOOT STEADING is a very small detached house of 111m², built sometime between 1996 and 2002, which could now be worth an estimated £581,177. It was last sold for £390,000 in July 2009, which was around 62% above the average July 2009 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

8 TOWNFOOT STEADING Sold Prices

Land registry data shows two sales for 8 TOWNFOOT STEADING 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 TOWNFOOT STEADING sales were 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
2009 17 JUL	£390,000	£241,437	62% above HPI
2000 25 OCT	£153,000	£109,148	40% above HPI

8 TOWNFOOT STEADING 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 TOWNFOOT STEADING sales from October 2000 and July 2009 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 October 2000 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the July 2009 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might 8 TOWNFOOT STEADING be worth now?

8 TOWNFOOT STEADING might now be worth an estimated £581,177.

This is based on house price inflation of 49%, between July 2009 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 49% inflationary increase is applied to the most recent sale price for 8 TOWNFOOT STEADING of £390,000 on 17th July 2009. For the value to have increased from £390,000 to £581,177 over the sixteen years and five months to February 2025, the following assumptions must hold true:

• The value of 8 TOWNFOOT STEADING has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The July 2009 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 8 TOWNFOOT STEADING has not materially changed since July 2009.

How Large is 8 TOWNFOOT STEADING?

8 TOWNFOOT STEADING is 111m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 20% of detached houses houses in Lesbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lesbury, and where 8 TOWNFOOT STEADING lies on this distribution: 13% of detached houses houses are smaller than 8 TOWNFOOT STEADING, and 87% of houses are larger. Note that EPC data is not available for all properties in Lesbury.

8 TOWNFOOT STEADING: Plot and Title Map

8 TOWNFOOT STEADING sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 8 TOWNFOOT STEADING, 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 TOWNFOOT STEADING). 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 TOWNFOOT STEADING?

8 TOWNFOOT STEADING is located in LESBURY, in the NE66 postcode district. The below map shows the position of No. 8 on TOWNFOOT STEADING.