1, NEWARK CLOSE, BEDLINGTON, NE22 6PD - £167,500

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.

1 NEWARK CLOSE is a very small semi-detached house of 86m², built sometime between 2003 and 2006, which could now be worth an estimated £242,763. It was last sold for £167,500 in September 2008, which was around 21% above the average September 2008 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

1 NEWARK CLOSE Sold Prices

Land registry data shows two sales for 1 NEWARK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 1 NEWARK CLOSE 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
2008 26 SEP	£167,500	£138,502	21% above HPI
2004 30 JUN	£144,950	£110,783	31% above HPI

1 NEWARK CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 1 NEWARK CLOSE sales from June 2004 and September 2008 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 2004 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2008 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 1 NEWARK CLOSE be worth now?

1 NEWARK CLOSE might now be worth an estimated £242,763.

This is based on house price inflation of 44.9%, between September 2008 and March 2025, for semi-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 44.9% inflationary increase is applied to the most recent sale price for 1 NEWARK CLOSE of £167,500 on 26th September 2008. For the value to have increased from £167,500 to £242,763 over the seventeen years and six months to March 2025, the following assumptions must hold true:

• The value of 1 NEWARK CLOSE has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The September 2008 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 1 NEWARK CLOSE has not materially changed since September 2008.

How Large is 1 NEWARK CLOSE?

1 NEWARK CLOSE is 86m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% of semi-detached houses houses in Bedlington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bedlington, and where 1 NEWARK CLOSE lies on this distribution: 17% of semi-detached houses houses are smaller than 1 NEWARK CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Bedlington.

1 NEWARK CLOSE: Plot and Title Map

1 NEWARK CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 1 NEWARK CLOSE, 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 1 NEWARK CLOSE). 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 1 NEWARK CLOSE?

1 NEWARK CLOSE is located in BEDLINGTON, in the NE22 postcode district. The below map shows the position of No. 1 on NEWARK CLOSE.