MELROSE HOUSE, EAST SLEEKBURN, BEDLINGTON, NE22 7AT - £325,000

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.

MELROSE HOUSE is a very large extended detached house of 259m², built sometime between 1900 and 1929, which could now be worth an estimated £490,902. It was last sold for £325,000 in May 2014, which was around 36% above the average May 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

MELROSE HOUSE Sold Prices

Land registry data shows three sales for MELROSE HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three MELROSE HOUSE 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
2014 1 MAY	£325,000	£238,197	36% above HPI
2001 7 DEC	£197,000	£120,077	64% above HPI
2000 29 SEP	£168,000	£110,680	52% above HPI

MELROSE HOUSE 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 three MELROSE HOUSE sales between September 2000 and May 2014 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 December 2001 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the May 2014 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might MELROSE HOUSE be worth now?

MELROSE HOUSE might now be worth an estimated £490,902.

This is based on house price inflation of 51%, between May 2014 and February 2025, for 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 51% inflationary increase is applied to the most recent sale price for MELROSE HOUSE of £325,000 on 1st May 2014. For the value to have increased from £325,000 to £490,902 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of MELROSE HOUSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The May 2014 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of MELROSE HOUSE has not materially changed since May 2014.

How Large is MELROSE HOUSE?

MELROSE HOUSE is 259m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the largest 10% of detached houses houses in East Sleekburn, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Sleekburn, and where MELROSE HOUSE lies on this distribution: More than 99% of detached houses houses are smaller than MELROSE HOUSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in East Sleekburn.

MELROSE HOUSE: Plot and Title Map

MELROSE HOUSE sits on a plot of roughly 0.243 of an acre, or 982m². The below map shows the location of MELROSE HOUSE, 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 MELROSE HOUSE). 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 MELROSE HOUSE?

MELROSE HOUSE is located in EAST SLEEKBURN, in the NE22 postcode district. The below map shows the position of MELROSE HOUSE in EAST SLEEKBURN.