BANKFOOT, BELLINGHAM, HEXHAM, NE48 2ED - £266,650

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

BANKFOOT is a large detached house of 134m², built sometime between 1976 and 1982. It was last sold for £266,650 in March 2020, which was around 3% above the average March 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2019, where the current energy rating was E, and the potential energy rating was C.

BANKFOOT Sold Prices

Land registry data shows two sales for BANKFOOT 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. One of the two BANKFOOT sales was for above the average price, whilst the other was 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 31 MAR	£266,650	£259,856	3% above HPI
2008 9 MAY	£249,500	£263,342	5% below HPI

BANKFOOT 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 BANKFOOT sales from May 2008 and March 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 May 2008 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2020 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is BANKFOOT?

BANKFOOT is 134m² according to the EPC inspection conducted in November 2019. This puts it in the largest 40% of detached houses in Bellingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bellingham, and where BANKFOOT lies on this distribution: 62% of detached houses are smaller than BANKFOOT, and 37% of houses are larger. Note that EPC data is not available for all properties in Bellingham.

BANKFOOT: Plot and Title Map

BANKFOOT sits on a plot of roughly 0.458 of an acre, or 1,853m². The below map shows the location of BANKFOOT, 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 BANKFOOT). 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 BANKFOOT?

BANKFOOT is located in BELLINGHAM, in the NE48 postcode district. The below map shows the position of BANKFOOT in BELLINGHAM.