15, FORSTERSTEADS, ALLENDALE, HEXHAM, NE47 9AS - £325,000

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.

15 FORSTERSTEADS is a large extended detached house of 152m², built sometime between 1983 and 1990, which could now be worth an estimated £416,070. It was last sold for £325,000 in September 2020, which was around 16% above the average September 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

15 FORSTERSTEADS Sold Prices

Land registry data shows four sales for 15 FORSTERSTEADS 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 15 FORSTERSTEADS 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
2020 21 SEP	£325,000	£281,038	16% above HPI
2018 29 OCT	£295,000	£270,407	9% above HPI
2011 30 SEP	£242,000	£238,131	2% above HPI
1995 31 JUL	£102,000	£83,870	22% above HPI

15 FORSTERSTEADS 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 15 FORSTERSTEADS sales between July 1995 and September 2020 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 October 2018 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the September 2020 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 15 FORSTERSTEADS be worth now?

15 FORSTERSTEADS might now be worth an estimated £416,070.

This is based on house price inflation of 28%, between September 2020 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 28% inflationary increase is applied to the most recent sale price for 15 FORSTERSTEADS of £325,000 on 21st September 2020. For the value to have increased from £325,000 to £416,070 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 15 FORSTERSTEADS has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The September 2020 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 15 FORSTERSTEADS has not materially changed since September 2020.

How Large is 15 FORSTERSTEADS?

15 FORSTERSTEADS is 152m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the largest 30% of detached houses houses in Allendale Town, based on EPC data. The below chart shows the distribution of detached houses houses by size in Allendale Town, and where 15 FORSTERSTEADS lies on this distribution: 77% of detached houses houses are smaller than 15 FORSTERSTEADS, and 23% of houses are larger. Note that EPC data is not available for all properties in Allendale Town.

15 FORSTERSTEADS: Plot and Title Map

15 FORSTERSTEADS sits on a plot of roughly 23.6 acres, or 95,445m². The below map shows the location of 15 FORSTERSTEADS, 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 15 FORSTERSTEADS). 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 15 FORSTERSTEADS?

15 FORSTERSTEADS is located in ALLENDALE, in the NE47 postcode district. The below map shows the position of No. 15 on FORSTERSTEADS.