2, DURHAM CLOSE, BEDLINGTON, NE22 6NB - £152,000

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 DURHAM CLOSE is a very small semi-detached house of 69m², built sometime between 1996 and 2002, which could now be worth an estimated £194,902. It was last sold for £152,000 in January 2021, which was around 3% below the average January 2021 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

2 DURHAM CLOSE Sold Prices

Land registry data shows four sales for 2 DURHAM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. Most of the four 2 DURHAM CLOSE 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
2021 29 JAN	£152,000	£157,481	3% below HPI
2014 4 AUG	£142,000	£131,680	8% above HPI
2008 1 OCT	£155,000	£138,206	12% above HPI
1996 26 FEB	£58,950	£41,449	42% above HPI

2 DURHAM 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 four 2 DURHAM CLOSE sales between February 1996 and January 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 August 2014 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the January 2021 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 2 DURHAM CLOSE be worth now?

2 DURHAM CLOSE might now be worth an estimated £194,902.

This is based on house price inflation of 28.2%, between January 2021 and May 2026, 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 28.2% inflationary increase is applied to the most recent sale price for 2 DURHAM CLOSE of £152,000 on 29th January 2021. For the value to have increased from £152,000 to £194,902 over the four years and eight months to May 2026, the following assumptions must hold true:

• The value of 2 DURHAM CLOSE has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The January 2021 sale price of £152,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DURHAM CLOSE has not materially changed since January 2021.

How Large is 2 DURHAM CLOSE?

2 DURHAM CLOSE is 69m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of semi-detached houses houses in Bedlington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bedlington, and where 2 DURHAM CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 2 DURHAM CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Bedlington.

2 DURHAM CLOSE: Plot and Title Map

2 DURHAM CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 2 DURHAM 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 DURHAM 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 DURHAM CLOSE?

2 DURHAM CLOSE is located in BEDLINGTON, in the NE22 postcode district. The below map shows the position of No. 2 on DURHAM CLOSE.