WESTWOOD, PARK ROAD, HALTWHISTLE, NE49 9BP - £200,000

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.

WESTWOOD is a midsized detached house of 115m², built sometime between 1983 and 1990, which could now be worth an estimated £297,357. It was last sold for £200,000 in May 2015, which was around 17% below the average May 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was B.

WESTWOOD Sold Prices

Land registry data shows three sales for WESTWOOD 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 WESTWOOD 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
2015 21 MAY	£200,000	£241,991	17% below HPI
2006 27 JAN	£218,000	£238,602	9% below HPI
1999 8 JAN	£75,000	£94,162	20% below HPI

WESTWOOD 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 WESTWOOD sales between January 1999 and May 2015 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 January 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2015 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might WESTWOOD be worth now?

WESTWOOD might now be worth an estimated £297,357.

This is based on house price inflation of 48.7%, between May 2015 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 48.7% inflationary increase is applied to the most recent sale price for WESTWOOD of £200,000 on 21st May 2015. For the value to have increased from £200,000 to £297,357 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of WESTWOOD has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The May 2015 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of WESTWOOD has not materially changed since May 2015.

How Large is WESTWOOD?

WESTWOOD is 115m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 50% of detached houses houses in Haltwhistle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Haltwhistle, and where WESTWOOD lies on this distribution: 47% of detached houses houses are smaller than WESTWOOD, and 51% of houses are larger. Note that EPC data is not available for all properties in Haltwhistle.

WESTWOOD: Plot and Title Map

WESTWOOD sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of WESTWOOD, 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 WESTWOOD). 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 WESTWOOD?

WESTWOOD is located on PARK ROAD in HALTWHISTLE, in the NE49 postcode district. The below map shows the position of WESTWOOD on PARK ROAD.