10, PATTERSON WAY, ASHINGTON, NE63 9FH - £119,950

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.

10 PATTERSON WAY is a very small terraced house of 77m², built sometime between 2003 and 2006, which could now be worth an estimated £174,428. It was last sold for £119,950 in July 2016, which was around 3% above the average July 2016 terraced price in the Northumberland local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

10 PATTERSON WAY Sold Prices

Land registry data shows three sales for 10 PATTERSON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Northumberland local authority area for the corresponding sale date. Two of the three 10 PATTERSON WAY sales were for above the average price, whilst one was 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
2016 20 JUL	£119,950	£116,108	3% above HPI
2015 11 MAR	£106,500	£108,034	1% below HPI
2006 28 JUL	£139,995	£116,694	20% above HPI

10 PATTERSON WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Northumberland local authority area over time, sourced from the HPI. The three 10 PATTERSON WAY sales between July 2006 and July 2016 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 March 2015 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2016 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 10 PATTERSON WAY be worth now?

10 PATTERSON WAY might now be worth an estimated £174,428.

This is based on house price inflation of 45.4%, between July 2016 and May 2026, for terraced 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 45.4% inflationary increase is applied to the most recent sale price for 10 PATTERSON WAY of £119,950 on 20th July 2016. For the value to have increased from £119,950 to £174,428 over the ten years and two months to May 2026, the following assumptions must hold true:

• The value of 10 PATTERSON WAY has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The July 2016 sale price of £119,950 represented a fair market value for the property.
• The size, condition, and specification of 10 PATTERSON WAY has not materially changed since July 2016.

How Large is 10 PATTERSON WAY?

10 PATTERSON WAY is 77m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of terraced houses houses in Ashington, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ashington, and where 10 PATTERSON WAY lies on this distribution: 8% of terraced houses houses are smaller than 10 PATTERSON WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Ashington.

10 PATTERSON WAY: Plot and Title Map

10 PATTERSON WAY sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 10 PATTERSON WAY, 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 10 PATTERSON WAY). 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 10 PATTERSON WAY?

10 PATTERSON WAY is located in ASHINGTON, in the NE63 postcode district. The below map shows the position of No. 10 on PATTERSON WAY.