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
BAYVIEW is a very large extended detached house of 263m², built sometime between 2003 and 2006. It was last sold for £537,500 in July 2022, which was around 75% above the average July 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for BAYVIEW since 1st 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 BAYVIEW 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 |
---|---|---|---|
2022 15 JUL | £537,500 | £307,775 | 75% above HPI |
2002 7 JUN | £68,000 | £125,083 | 46% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two BAYVIEW sales from June 2002 and July 2022 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 June 2002 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the July 2022 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.
BAYVIEW is 263m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 10% of detached houses in Nedderton, based on EPC data. The below chart shows the distribution of detached houses by size in Nedderton, and where BAYVIEW lies on this distribution: 98% of detached houses are smaller than BAYVIEW, and 2% of houses are larger. Note that EPC data is not available for all properties in Nedderton.
BAYVIEW sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of BAYVIEW, 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 BAYVIEW). 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.
BAYVIEW is located in NEDDERTON VILLAGE, in the NE22 postcode district. The below map shows the position of BAYVIEW in NEDDERTON VILLAGE.