54, FALLOWFIELD WAY, ASHINGTON, NE63 8LD - £115,000

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.

54 FALLOWFIELD WAY is a very small semi-detached house of 67m², built sometime between 1983 and 1990, which could now be worth an estimated £165,760. It was last sold for £115,000 in January 2018, which was around 18% below the average January 2018 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

54 FALLOWFIELD WAY Sold Prices

Land registry data shows five sales for 54 FALLOWFIELD WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. All of the five 54 FALLOWFIELD 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
2018 5 JAN	£115,000	£140,094	18% below HPI
2010 16 JUN	£123,000	£134,092	8% below HPI
2004 11 JUN	£99,950	£110,783	10% below HPI
2001 3 MAY	£49,000	£54,868	11% below HPI
1999 15 JUL	£41,000	£51,181	20% below HPI

54 FALLOWFIELD 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 five 54 FALLOWFIELD WAY sales between July 1999 and January 2018 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 2010 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2018 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 54 FALLOWFIELD WAY be worth now?

54 FALLOWFIELD WAY might now be worth an estimated £165,760.

This is based on house price inflation of 44.1%, between January 2018 and May 2026, 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 44.1% inflationary increase is applied to the most recent sale price for 54 FALLOWFIELD WAY of £115,000 on 5th January 2018. For the value to have increased from £115,000 to £165,760 over the seven years and eight months to May 2026, the following assumptions must hold true:

• The value of 54 FALLOWFIELD WAY has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The January 2018 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 54 FALLOWFIELD WAY has not materially changed since January 2018.

How Large is 54 FALLOWFIELD WAY?

54 FALLOWFIELD WAY is 67m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 10% of semi-detached houses houses in Ashington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ashington, and where 54 FALLOWFIELD WAY lies on this distribution: 2% of semi-detached houses houses are smaller than 54 FALLOWFIELD WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Ashington.

54 FALLOWFIELD WAY: Plot and Title Map

54 FALLOWFIELD WAY sits on a plot of roughly 211.4 acres, or 855,477m². The below map shows the location of 54 FALLOWFIELD 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 54 FALLOWFIELD 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 54 FALLOWFIELD WAY?

54 FALLOWFIELD WAY is located in ASHINGTON, in the NE63 postcode district. The below map shows the position of No. 54 on FALLOWFIELD WAY.