7, BARRASFORD CLOSE, ASHINGTON, NE63 8XT - £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.

7 BARRASFORD CLOSE is a very small extended detached house of 79m², built sometime between 1996 and 2002, which could now be worth an estimated £255,658. It was last sold for £164,950 in December 2011, which was around 30% below the average December 2011 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

7 BARRASFORD CLOSE Sold Prices

Land registry data shows three sales for 7 BARRASFORD 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 7 BARRASFORD 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
2011 16 DEC	£164,950	£237,090	30% below HPI
2001 19 OCT	£82,500	£118,854	31% below HPI
1995 3 NOV	£62,950	£81,580	23% below HPI

7 BARRASFORD 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 7 BARRASFORD CLOSE sales between November 1995 and December 2011 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 October 2001 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2011 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 7 BARRASFORD CLOSE be worth now?

7 BARRASFORD CLOSE might now be worth an estimated £255,658.

This is based on house price inflation of 55%, between December 2011 and May 2026, 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 55% inflationary increase is applied to the most recent sale price for 7 BARRASFORD CLOSE of £164,950 on 16th December 2011. For the value to have increased from £164,950 to £255,658 over the fifteen years and seven months to May 2026, the following assumptions must hold true:

• The value of 7 BARRASFORD CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The December 2011 sale price of £164,950 represented a fair market value for the property.
• The size, condition, and specification of 7 BARRASFORD CLOSE has not materially changed since December 2011.

How Large is 7 BARRASFORD CLOSE?

7 BARRASFORD CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of detached houses houses in Ashington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashington, and where 7 BARRASFORD CLOSE lies on this distribution: 9% of detached houses houses are smaller than 7 BARRASFORD CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Ashington.

7 BARRASFORD CLOSE: Plot and Title Map

7 BARRASFORD CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 7 BARRASFORD 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 7 BARRASFORD 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 7 BARRASFORD CLOSE?

7 BARRASFORD CLOSE is located in ASHINGTON, in the NE63 postcode district. The below map shows the position of No. 7 on BARRASFORD CLOSE.