31, BANBURY WAY, BLYTH, NE24 3TZ - £119,950

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.

31 BANBURY WAY is a very small extended semi-detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £157,177. It was last sold for £119,950 in March 2020, which was around 17% below the average March 2020 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

31 BANBURY WAY Sold Prices

Land registry data shows three sales for 31 BANBURY WAY 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 31 BANBURY WAY 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
2020 23 MAR	£119,950	£144,114	17% below HPI
2007 28 SEP	£119,950	£149,025	20% below HPI
2002 18 DEC	£59,950	£76,266	21% below HPI

31 BANBURY WAY 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 31 BANBURY WAY sales between December 2002 and March 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 September 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 31 BANBURY WAY be worth now?

31 BANBURY WAY might now be worth an estimated £157,177.

This is based on house price inflation of 31%, between March 2020 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 31% inflationary increase is applied to the most recent sale price for 31 BANBURY WAY of £119,950 on 23rd March 2020. For the value to have increased from £119,950 to £157,177 over the four years and nine months to June 2025, the following assumptions must hold true:

• The value of 31 BANBURY WAY has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The March 2020 sale price of £119,950 represented a fair market value for the property.
• The size, condition, and specification of 31 BANBURY WAY has not materially changed since March 2020.

How Large is 31 BANBURY WAY?

31 BANBURY WAY is 72m², which includes one extension, according to the EPC inspection conducted in December 2021. 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 31 BANBURY WAY lies on this distribution: 6% of semi-detached houses houses are smaller than 31 BANBURY WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Blyth.

31 BANBURY WAY: Plot and Title Map

31 BANBURY WAY sits on a plot of roughly 1.8 acres, or 7,333m². The below map shows the location of 31 BANBURY WAY, 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 31 BANBURY WAY). 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 31 BANBURY WAY?

31 BANBURY WAY is located in BLYTH, in the NE24 postcode district. The below map shows the position of No. 31 on BANBURY WAY.