4, THE CLOSE, BURNOPFIELD, NEWCASTLE UPON TYNE, NE16 6LN - £277,000

4 THE CLOSE is a very large detached house of 144m², built sometime between 1983 and 1990. It was last sold for £277,000 in March 2012, which was around 77% above the average March 2012 detached price in the County Durham local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

4 THE CLOSE Sold Prices

Land registry data shows two sales for 4 THE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two 4 THE 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
2012 23 MAR	£277,000	£156,774	77% above HPI
1995 30 JUN	£89,950	£65,741	37% above HPI

4 THE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The two 4 THE CLOSE sales from June 1995 and March 2012 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 June 1995 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the March 2012 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is 4 THE CLOSE?

4 THE CLOSE is 144m² according to the EPC inspection conducted in September 2010. This puts it in the largest 20% of detached houses in Burnopfield, based on EPC data. The below chart shows the distribution of detached houses by size in Burnopfield, and where 4 THE CLOSE lies on this distribution: 80% of detached houses are smaller than 4 THE CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Burnopfield.

4 THE CLOSE: Plot and Title Map

4 THE CLOSE sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 4 THE 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 4 THE 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 4 THE CLOSE?

4 THE CLOSE is located in BURNOPFIELD, in the NE16 postcode district. The below map shows the position of No. 4 on THE CLOSE.