7, FLOYD WAY, ESSENDENE RISE, ASHINGTON, NE63 0FE - £225,000

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.

7 FLOYD WAY is a small detached house of 91m², built in 2022, which could now be worth an estimated £232,272. It was last sold for £225,000 in August 2024, which was around 33% below the average August 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2022, where the current energy rating was B, and the potential energy rating was A.

7 FLOYD WAY Sold Prices

Land registry data shows two sales for 7 FLOYD WAY 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 7 FLOYD 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
2024 12 AUG	£225,000	£337,399	33% below HPI
2022 28 OCT	£214,995	£338,078	36% below HPI

7 FLOYD WAY 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 7 FLOYD WAY sales from October 2022 and August 2024 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 2022 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2024 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 7 FLOYD WAY be worth now?

7 FLOYD WAY might now be worth an estimated £232,272.

This is based on house price inflation of 3.2%, between August 2024 and June 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 3.2% inflationary increase is applied to the most recent sale price for 7 FLOYD WAY of £225,000 on 12th August 2024. For the value to have increased from £225,000 to £232,272 over the one year and two months to June 2025, the following assumptions must hold true:

• The value of 7 FLOYD WAY has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The August 2024 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FLOYD WAY has not materially changed since August 2024.

How Large is 7 FLOYD WAY?

7 FLOYD WAY is 91m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 30% 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 FLOYD WAY lies on this distribution: 27% of detached houses houses are smaller than 7 FLOYD WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Ashington.

7 FLOYD WAY: Plot and Title Map

7 FLOYD WAY sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 7 FLOYD 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 7 FLOYD 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 7 FLOYD WAY?

7 FLOYD WAY is located in ESSENDENE RISE, in the NE63 postcode district. The below map shows the position of No. 7 on FLOYD WAY.