7, PARK VIEW, BLYTH, NE24 3AY - £565,000

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 PARK VIEW is a very large extended detached house of 226m², built sometime between 1930 and 1949, which could now be worth an estimated £662,495. It was last sold for £565,000 in May 2022, which was around 81% above the average May 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was C.

7 PARK VIEW Sold Prices

Land registry data shows two sales for 7 PARK VIEW 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. One of the two 7 PARK VIEW sales was for above the average price, whilst the other was 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
2022 31 MAY	£565,000	£312,899	81% above HPI
2017 24 MAY	£205,100	£257,341	20% below HPI

7 PARK VIEW 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 PARK VIEW sales from May 2017 and May 2022 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 May 2017 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2022 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.

What might 7 PARK VIEW be worth now?

7 PARK VIEW might now be worth an estimated £662,495.

This is based on house price inflation of 17.3%, between May 2022 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 17.3% inflationary increase is applied to the most recent sale price for 7 PARK VIEW of £565,000 on 31st May 2022. For the value to have increased from £565,000 to £662,495 over the three years and two months to March 2025, the following assumptions must hold true:

• The value of 7 PARK VIEW has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The May 2022 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PARK VIEW has not materially changed since May 2022.

How Large is 7 PARK VIEW?

7 PARK VIEW is 226m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 10% 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 7 PARK VIEW lies on this distribution: 99% of detached houses houses are smaller than 7 PARK VIEW, and 1% of houses are larger. Note that EPC data is not available for all properties in Blyth.

7 PARK VIEW: Plot and Title Map

7 PARK VIEW sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 7 PARK VIEW, 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 PARK VIEW). 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 PARK VIEW?

7 PARK VIEW is located in BLYTH, in the NE24 postcode district. The below map shows the position of No. 7 on PARK VIEW.