2, BURNHAM CLOSE, BLYTH, NE24 3UB - £131,000

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.

2 BURNHAM CLOSE is a very small semi-detached house of 72m², built sometime between 1976 and 1982, which could now be worth an estimated £161,210. It was last sold for £131,000 in September 2021, which was around 20% below the average September 2021 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

2 BURNHAM CLOSE Sold Prices

Land registry data shows three sales for 2 BURNHAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. All of the three 2 BURNHAM 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
2021 17 SEP	£131,000	£163,118	20% below HPI
2019 4 OCT	£126,500	£142,561	11% below HPI
2018 3 SEP	£117,500	£146,170	20% below HPI

2 BURNHAM 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 three 2 BURNHAM CLOSE sales between September 2018 and September 2021 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 2019 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 2 BURNHAM CLOSE be worth now?

2 BURNHAM CLOSE might now be worth an estimated £161,210.

This is based on house price inflation of 23.1%, between September 2021 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 23.1% inflationary increase is applied to the most recent sale price for 2 BURNHAM CLOSE of £131,000 on 17th September 2021. For the value to have increased from £131,000 to £161,210 over the four years and six months to March 2025, the following assumptions must hold true:

• The value of 2 BURNHAM CLOSE has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The September 2021 sale price of £131,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BURNHAM CLOSE has not materially changed since September 2021.

How Large is 2 BURNHAM CLOSE?

2 BURNHAM CLOSE is 72m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of semi-detached houses houses in Blyth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Blyth, and where 2 BURNHAM CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 2 BURNHAM CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Blyth.

2 BURNHAM CLOSE: Plot and Title Map

2 BURNHAM CLOSE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 2 BURNHAM 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 2 BURNHAM 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 2 BURNHAM CLOSE?

2 BURNHAM CLOSE is located in BLYTH, in the NE24 postcode district. The below map shows the position of No. 2 on BURNHAM CLOSE.