5, RICHMOND CLOSE, BEDLINGTON, NE22 6NG - £218,000

5 RICHMOND CLOSE is a small extended detached house of 100m², built sometime between 1996 and 2002. It was last sold for £218,000 in December 2020, which was around 23% below the average December 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

5 RICHMOND CLOSE Sold Prices

Land registry data shows three sales for 5 RICHMOND CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 5 RICHMOND CLOSE 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 15 DEC	£218,000	£284,772	23% below HPI
1998 21 AUG	£78,000	£91,792	15% below HPI
1996 15 MAR	£75,950	£77,032	1% below HPI

5 RICHMOND CLOSE 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 three 5 RICHMOND CLOSE sales between March 1996 and December 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 August 1998 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 5 RICHMOND CLOSE?

5 RICHMOND CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% of detached houses in Bedlington, based on EPC data. The below chart shows the distribution of detached houses by size in Bedlington, and where 5 RICHMOND CLOSE lies on this distribution: 34% of detached houses are smaller than 5 RICHMOND CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Bedlington.

5 RICHMOND CLOSE: Plot and Title Map

5 RICHMOND CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 5 RICHMOND 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 5 RICHMOND 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 5 RICHMOND CLOSE?

5 RICHMOND CLOSE is located in BEDLINGTON, in the NE22 postcode district. The below map shows the position of No. 5 on RICHMOND CLOSE.