9, MEDWYN CLOSE, BLYTH, NE24 3SZ - £161,950

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 MEDWYN CLOSE is a very small detached house of 56m², built sometime between 1996 and 2002, which could now be worth an estimated £229,497. It was last sold for £161,950 in August 2010, which was around 36% below the average August 2010 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

9 MEDWYN CLOSE Sold Prices

Land registry data shows four sales for 9 MEDWYN CLOSE 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 9 MEDWYN 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
2010 12 AUG	£161,950	£253,894	36% below HPI
2006 4 MAY	£162,000	£242,890	33% below HPI
2005 18 MAR	£157,000	£227,613	31% below HPI
1999 29 JUN	£58,900	£98,629	40% below HPI

9 MEDWYN 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 four 9 MEDWYN CLOSE sales between June 1999 and August 2010 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 2006 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2010 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 9 MEDWYN CLOSE be worth now?

9 MEDWYN CLOSE might now be worth an estimated £229,497.

This is based on house price inflation of 41.7%, between August 2010 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 41.7% inflationary increase is applied to the most recent sale price for 9 MEDWYN CLOSE of £161,950 on 12th August 2010. For the value to have increased from £161,950 to £229,497 over the fifteen years and six months to February 2025, the following assumptions must hold true:

• The value of 9 MEDWYN CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The August 2010 sale price of £161,950 represented a fair market value for the property.
• The size, condition, and specification of 9 MEDWYN CLOSE has not materially changed since August 2010.

How Large is 9 MEDWYN CLOSE?

9 MEDWYN CLOSE is 56m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of detached houses houses in Blyth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blyth, and where 9 MEDWYN CLOSE lies on this distribution: 1% of detached houses houses are smaller than 9 MEDWYN CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Blyth.

9 MEDWYN CLOSE: Plot and Title Map

9 MEDWYN CLOSE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 9 MEDWYN 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 MEDWYN 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 MEDWYN CLOSE?

9 MEDWYN CLOSE is located in BLYTH, in the NE24 postcode district. The below map shows the position of No. 9 on MEDWYN CLOSE.