TIDAL WATCH, STEPPEY LANE, LESBURY, ALNWICK, NE66 3PU - £390,000

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

TIDAL WATCH is a very large extended detached house of 228m², built sometime between 1950 and 1966. It was last sold for £390,000 in October 2013, which was around 66% above the average October 2013 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

TIDAL WATCH Sold Prices

Land registry data shows two sales for TIDAL WATCH 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. Both of the two TIDAL WATCH 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
2013 18 OCT	£390,000	£234,263	66% above HPI
1997 30 JUN	£100,000	£88,039	14% above HPI

TIDAL WATCH 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 TIDAL WATCH sales from June 1997 and October 2013 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 1997 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 2013 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is TIDAL WATCH?

TIDAL WATCH is 228m², which includes two extensions, according to the EPC inspection conducted in April 2013. This puts it in the largest 10% of detached houses in Hipsburn, based on EPC data. The below chart shows the distribution of detached houses by size in Hipsburn, and where TIDAL WATCH lies on this distribution: 91% of detached houses are smaller than TIDAL WATCH, and 9% of houses are larger. Note that EPC data is not available for all properties in Hipsburn.

TIDAL WATCH: Plot and Title Map

TIDAL WATCH sits on a plot of roughly 0.182 of an acre, or 735m². The below map shows the location of TIDAL WATCH, 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 TIDAL WATCH). 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 TIDAL WATCH?

TIDAL WATCH is located on STEPPEY LANE in LESBURY, in the NE66 postcode district. The below map shows the position of TIDAL WATCH on STEPPEY LANE.