41, HEATHER LEA, BLYTH, NE24 4DE - £164,950

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.

41 HEATHER LEA is a small detached house of 92m², built sometime from 2007 onwards, which could now be worth an estimated £240,746. It was last sold for £164,950 in March 2016, which was around 34% below the average March 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

41 HEATHER LEA Sold Prices

Land registry data shows two sales for 41 HEATHER LEA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 41 HEATHER LEA 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
2016 10 MAR	£164,950	£251,380	34% below HPI
2006 27 NOV	£169,950	£255,338	33% below HPI

41 HEATHER LEA 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 two 41 HEATHER LEA sales from November 2006 and March 2016 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 2006 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2016 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 41 HEATHER LEA be worth now?

41 HEATHER LEA might now be worth an estimated £240,746.

This is based on house price inflation of 46%, between March 2016 and March 2025, for 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 46% inflationary increase is applied to the most recent sale price for 41 HEATHER LEA of £164,950 on 10th March 2016. For the value to have increased from £164,950 to £240,746 over the nine years to March 2025, the following assumptions must hold true:

• The value of 41 HEATHER LEA has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The March 2016 sale price of £164,950 represented a fair market value for the property.
• The size, condition, and specification of 41 HEATHER LEA has not materially changed since March 2016.

How Large is 41 HEATHER LEA?

41 HEATHER LEA is 92m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 40% of detached houses houses in Blyth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blyth, and where 41 HEATHER LEA lies on this distribution: 31% of detached houses houses are smaller than 41 HEATHER LEA, and 68% of houses are larger. Note that EPC data is not available for all properties in Blyth.

41 HEATHER LEA: Plot and Title Map

41 HEATHER LEA sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 41 HEATHER LEA, 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 41 HEATHER LEA). 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 41 HEATHER LEA?

41 HEATHER LEA is located in BLYTH, in the NE24 postcode district. The below map shows the position of No. 41 on HEATHER LEA.