ELFKIRK, WEST VIEW, BELLINGHAM, HEXHAM, NE48 2AH - £260,000

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

ELFKIRK is a midsized detached house of 118m², built sometime before 1900. It was last sold for £260,000 in October 2023, which was around 20% below the average October 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2023, where the current energy rating was E, and the potential energy rating was C.

ELFKIRK Sold Prices

Land registry data shows five sales for ELFKIRK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the five ELFKIRK 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
2023 25 OCT	£260,000	£325,881	20% below HPI
2005 14 OCT	£199,950	£236,067	15% below HPI
2004 6 OCT	£210,000	£223,388	6% below HPI
1998 28 AUG	£63,412	£91,792	31% below HPI
1996 2 DEC	£60,000	£82,280	27% below HPI

ELFKIRK 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 five ELFKIRK sales between December 1996 and October 2023 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 October 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is ELFKIRK?

ELFKIRK is 118m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 50% of detached houses in Bellingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bellingham, and where ELFKIRK lies on this distribution: 48% of detached houses are smaller than ELFKIRK, and 52% of houses are larger. Note that EPC data is not available for all properties in Bellingham.

ELFKIRK: Plot and Title Map

ELFKIRK sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of ELFKIRK, 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 ELFKIRK). 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 ELFKIRK?

ELFKIRK is located on WEST VIEW in BELLINGHAM, in the NE48 postcode district. The below map shows the position of ELFKIRK on WEST VIEW.