14, ASPEN WAY, BLYTH, NE24 3XP - £225,000

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.

14 ASPEN WAY is a large detached house of 124m², built sometime between 1996 and 2002, which could now be worth an estimated £303,795. It was last sold for £225,000 in October 2017, which was around 16% below the average October 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

14 ASPEN WAY Sold Prices

Land registry data shows four sales for 14 ASPEN WAY 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 14 ASPEN WAY 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
2017 31 OCT	£225,000	£266,471	16% below HPI
2014 1 APR	£212,500	£238,172	11% below HPI
2011 22 JUL	£200,000	£246,236	19% below HPI
2001 22 JUN	£92,500	£113,629	19% below HPI

14 ASPEN WAY 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 14 ASPEN WAY sales between June 2001 and October 2017 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 April 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2017 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 14 ASPEN WAY be worth now?

14 ASPEN WAY might now be worth an estimated £303,795.

This is based on house price inflation of 35%, between October 2017 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 35% inflationary increase is applied to the most recent sale price for 14 ASPEN WAY of £225,000 on 31st October 2017. For the value to have increased from £225,000 to £303,795 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 14 ASPEN WAY has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The October 2017 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 14 ASPEN WAY has not materially changed since October 2017.

How Large is 14 ASPEN WAY?

14 ASPEN WAY is 124m² according to the EPC inspection conducted in March 2011. This puts it in the largest 30% of detached houses houses in Blyth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blyth, and where 14 ASPEN WAY lies on this distribution: 76% of detached houses houses are smaller than 14 ASPEN WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Blyth.

14 ASPEN WAY: Plot and Title Map

14 ASPEN WAY sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 14 ASPEN 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 14 ASPEN 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 14 ASPEN WAY?

14 ASPEN WAY is located in BLYTH, in the NE24 postcode district. The below map shows the position of No. 14 on ASPEN WAY.