9, CHIPCHASE CLOSE, BEDLINGTON, NE22 6ND - £245,000

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

9 CHIPCHASE CLOSE is a very large detached house of 132m², built sometime between 1991 and 1995. It was last sold for £245,000 in December 2020, which was around 14% below the average December 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

9 CHIPCHASE CLOSE Sold Prices

Land registry data shows six sales for 9 CHIPCHASE CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Most of the six 9 CHIPCHASE 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
2020 7 DEC	£245,000	£284,772	14% below HPI
2016 30 NOV	£205,000	£251,069	18% below HPI
2016 30 SEP	£200,000	£253,705	21% below HPI
2009 23 APR	£190,000	£220,057	14% below HPI
2000 15 DEC	£86,000	£102,267	16% below HPI
1995 17 FEB	£88,950	£81,986	8% above HPI

9 CHIPCHASE 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 six 9 CHIPCHASE CLOSE sales between February 1995 and December 2020 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 2016 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 9 CHIPCHASE CLOSE?

9 CHIPCHASE CLOSE is 132m² according to the EPC inspection conducted in August 2020. This puts it in the largest 20% of detached houses in Bedlington, based on EPC data. The below chart shows the distribution of detached houses by size in Bedlington, and where 9 CHIPCHASE CLOSE lies on this distribution: 80% of detached houses are smaller than 9 CHIPCHASE CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Bedlington.

9 CHIPCHASE CLOSE: Plot and Title Map

9 CHIPCHASE CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 9 CHIPCHASE 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 9 CHIPCHASE 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 9 CHIPCHASE CLOSE?

9 CHIPCHASE CLOSE is located in BEDLINGTON, in the NE22 postcode district. The below map shows the position of No. 9 on CHIPCHASE CLOSE.