HOMEWOOD, NEDDERTON VILLAGE, BEDLINGTON, NE22 6AS - £382,500

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

HOMEWOOD is a very large extended detached house of 189m², built sometime between 1930 and 1949. It was last sold for £382,500 in November 2010, which was around 56% above the average November 2010 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

HOMEWOOD Sold Prices

Land registry data shows two sales for HOMEWOOD 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 HOMEWOOD 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
2010 5 NOV	£382,500	£244,970	56% above HPI
2008 12 JUN	£243,495	£262,579	7% below HPI

HOMEWOOD 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 HOMEWOOD sales from June 2008 and November 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 June 2008 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2010 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is HOMEWOOD?

HOMEWOOD is 189m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the largest 20% of detached houses in Nedderton, based on EPC data. The below chart shows the distribution of detached houses by size in Nedderton, and where HOMEWOOD lies on this distribution: 86% of detached houses are smaller than HOMEWOOD, and 14% of houses are larger. Note that EPC data is not available for all properties in Nedderton.

HOMEWOOD: Plot and Title Map

HOMEWOOD sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of HOMEWOOD, 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 HOMEWOOD). 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 HOMEWOOD?

HOMEWOOD is located in NEDDERTON VILLAGE, in the NE22 postcode district. The below map shows the position of HOMEWOOD in NEDDERTON VILLAGE.