24, WOBURN DRIVE, BEDLINGTON, NE22 5YB - £120,000

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.

24 WOBURN DRIVE is a very small semi-detached house of 48m², built sometime between 1983 and 1990, which could now be worth an estimated £174,304. It was last sold for £120,000 in February 2015, which was around 8% below the average February 2015 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

24 WOBURN DRIVE Sold Prices

Land registry data shows seven sales for 24 WOBURN DRIVE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. All of the seven 24 WOBURN DRIVE 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
2015 9 FEB	£120,000	£130,007	8% below HPI
2006 1 DEC	£124,995	£140,744	11% below HPI
2005 24 OCT	£103,500	£133,246	22% below HPI
2003 22 DEC	£81,000	£101,401	20% below HPI
2002 7 JUN	£58,950	£64,954	9% below HPI
1998 6 MAR	£41,000	£45,218	9% below HPI
1997 22 DEC	£41,000	£45,362	10% below HPI

24 WOBURN DRIVE 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 seven 24 WOBURN DRIVE sales between December 1997 and February 2015 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 December 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2015 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 24 WOBURN DRIVE be worth now?

24 WOBURN DRIVE might now be worth an estimated £174,304.

This is based on house price inflation of 45.3%, between February 2015 and June 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 45.3% inflationary increase is applied to the most recent sale price for 24 WOBURN DRIVE of £120,000 on 9th February 2015. For the value to have increased from £120,000 to £174,304 over the nine years and eight months to June 2025, the following assumptions must hold true:

• The value of 24 WOBURN DRIVE has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The February 2015 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 24 WOBURN DRIVE has not materially changed since February 2015.

How Large is 24 WOBURN DRIVE?

24 WOBURN DRIVE is 48m² according to the EPC inspection conducted in December 2014. 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 24 WOBURN DRIVE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 24 WOBURN DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bedlington.

24 WOBURN DRIVE: Plot and Title Map

24 WOBURN DRIVE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 24 WOBURN DRIVE, 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 24 WOBURN DRIVE). 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 24 WOBURN DRIVE?

24 WOBURN DRIVE is located in BEDLINGTON, in the NE22 postcode district. The below map shows the position of No. 24 on WOBURN DRIVE.