1, RICHMOND CLOSE, BEDLINGTON, NE22 6NG - £177,500

1 RICHMOND CLOSE is a small detached house of 92m², built sometime between 1996 and 2002. It was last sold for £177,500 in September 2013, which was around 25% below the average September 2013 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was B.

1 RICHMOND CLOSE Sold Prices

Land registry data shows four sales for 1 RICHMOND CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four 1 RICHMOND CLOSE 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
2013 30 SEP	£177,500	£235,597	25% below HPI
2002 29 NOV	£128,000	£142,410	10% below HPI
2001 31 AUG	£95,000	£114,093	17% below HPI
1996 14 JUN	£74,950	£82,047	9% below HPI

1 RICHMOND CLOSE 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 four 1 RICHMOND CLOSE sales between June 1996 and September 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 November 2002 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2013 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 1 RICHMOND CLOSE?

1 RICHMOND CLOSE is 92m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 30% of detached houses in Bedlington, based on EPC data. The below chart shows the distribution of detached houses by size in Bedlington, and where 1 RICHMOND CLOSE lies on this distribution: 25% of detached houses are smaller than 1 RICHMOND CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Bedlington.

1 RICHMOND CLOSE: Plot and Title Map

1 RICHMOND CLOSE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 1 RICHMOND 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 RICHMOND 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 RICHMOND CLOSE?

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