CHELWOOD, REDESMOUTH ROAD, BELLINGHAM, HEXHAM, NE48 2EH - £155,000

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.

CHELWOOD is a very small extended semi-detached house of 85m², built sometime between 1930 and 1949, which could now be worth an estimated £219,466. It was last sold for £155,000 in June 2017, which was around 12% above the average June 2017 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was January 2010, where the current energy rating was E, and the potential energy rating was D.

CHELWOOD Sold Prices

Land registry data shows two sales for CHELWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. Both of the two CHELWOOD 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
2017 23 JUN	£155,000	£137,895	12% above HPI
2006 17 MAR	£135,000	£131,178	3% above HPI

CHELWOOD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Northumberland local authority area over time, sourced from the HPI. The two CHELWOOD sales from March 2006 and June 2017 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 March 2006 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2017 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might CHELWOOD be worth now?

CHELWOOD might now be worth an estimated £219,466.

This is based on house price inflation of 41.6%, between June 2017 and February 2025, for semi-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 41.6% inflationary increase is applied to the most recent sale price for CHELWOOD of £155,000 on 23rd June 2017. For the value to have increased from £155,000 to £219,466 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of CHELWOOD has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The June 2017 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of CHELWOOD has not materially changed since June 2017.

How Large is CHELWOOD?

CHELWOOD is 85m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the smallest 20% of semi-detached houses houses in Bellingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bellingham, and where CHELWOOD lies on this distribution: 14% of semi-detached houses houses are smaller than CHELWOOD, and 86% of houses are larger. Note that EPC data is not available for all properties in Bellingham.

CHELWOOD: Plot and Title Map

CHELWOOD sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of CHELWOOD, 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 CHELWOOD). 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 CHELWOOD?

CHELWOOD is located on REDESMOUTH ROAD in BELLINGHAM, in the NE48 postcode district. The below map shows the position of CHELWOOD on REDESMOUTH ROAD.