9, HALLWOOD CLOSE, NEDDERTON VILLAGE, BEDLINGTON, NE22 6BG - £300,000

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.

9 HALLWOOD CLOSE is a very small detached house of 104m², built sometime between 1996 and 2002, which could now be worth an estimated £470,690. It was last sold for £300,000 in May 2009, which was around 31% above the average May 2009 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

9 HALLWOOD CLOSE Sold Prices

Land registry data shows two sales for 9 HALLWOOD 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 9 HALLWOOD CLOSE 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 26 MAY	£300,000	£229,316	31% above HPI
1997 2 SEP	£137,000	£91,660	49% above HPI

9 HALLWOOD 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 9 HALLWOOD CLOSE sales from September 1997 and May 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 September 1997 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the May 2009 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 9 HALLWOOD CLOSE be worth now?

9 HALLWOOD CLOSE might now be worth an estimated £470,690.

This is based on house price inflation of 56.9%, between May 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 56.9% inflationary increase is applied to the most recent sale price for 9 HALLWOOD CLOSE of £300,000 on 26th May 2009. For the value to have increased from £300,000 to £470,690 over the sixteen years and three months to February 2025, the following assumptions must hold true:

• The value of 9 HALLWOOD CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The May 2009 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 9 HALLWOOD CLOSE has not materially changed since May 2009.

How Large is 9 HALLWOOD CLOSE?

9 HALLWOOD CLOSE is 104m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% of detached houses houses in Nedderton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nedderton, and where 9 HALLWOOD CLOSE lies on this distribution: 12% of detached houses houses are smaller than 9 HALLWOOD CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Nedderton.

9 HALLWOOD CLOSE: Plot and Title Map

9 HALLWOOD CLOSE sits on a plot of roughly 0.162 of an acre, or 655m². The below map shows the location of 9 HALLWOOD 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 HALLWOOD 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 HALLWOOD CLOSE?

9 HALLWOOD CLOSE is located in NEDDERTON VILLAGE, in the NE22 postcode district. The below map shows the position of No. 9 on HALLWOOD CLOSE.