27, STEAD LANE, BEDLINGTON, NE22 5LX - £146,000

27 STEAD LANE is a very small semi-detached house of 62m², built sometime between 1967 and 1975. It was last sold for £146,000 in May 2021, which was around 48% below the average May 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

27 STEAD LANE Sold Prices

Land registry data shows four sales for 27 STEAD LANE 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 27 STEAD LANE 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 7 MAY	£146,000	£283,349	48% below HPI
2014 28 NOV	£150,000	£236,823	37% below HPI
1997 21 MAR	£44,950	£84,788	47% below HPI
1996 20 DEC	£45,000	£82,280	45% below HPI

27 STEAD LANE 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 27 STEAD LANE sales between December 1996 and May 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 November 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2021 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 27 STEAD LANE?

27 STEAD LANE is 62m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of detached houses in Bedlington, based on EPC data. The below chart shows the distribution of detached houses by size in Bedlington, and where 27 STEAD LANE lies on this distribution: 3% of detached houses are smaller than 27 STEAD LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Bedlington.

27 STEAD LANE: Plot and Title Map

27 STEAD LANE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 27 STEAD LANE, 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 27 STEAD LANE). 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 27 STEAD LANE?

27 STEAD LANE is located in BEDLINGTON, in the NE22 postcode district. The below map shows the position of No. 27 on STEAD LANE.