35, FALLOWFIELD WAY, ASHINGTON, NE63 8LD - £114,500

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.

35 FALLOWFIELD WAY is a very small semi-detached house of 61m², built sometime between 1983 and 1990, which could now be worth an estimated £149,054. It was last sold for £114,500 in November 2020, which was around 26% below the average November 2020 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

35 FALLOWFIELD WAY Sold Prices

Land registry data shows four sales for 35 FALLOWFIELD WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. All of the four 35 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
2020 18 NOV	£114,500	£155,118	26% below HPI
2004 1 OCT	£115,000	£123,979	7% below HPI
1999 6 AUG	£44,000	£50,725	13% below HPI
1996 16 AUG	£41,500	£45,532	9% below HPI

35 FALLOWFIELD 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 four 35 FALLOWFIELD WAY sales between August 1996 and November 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 October 2004 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 35 FALLOWFIELD WAY be worth now?

35 FALLOWFIELD WAY might now be worth an estimated £149,054.

This is based on house price inflation of 30.2%, between November 2020 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 30.2% inflationary increase is applied to the most recent sale price for 35 FALLOWFIELD WAY of £114,500 on 18th November 2020. For the value to have increased from £114,500 to £149,054 over the six years and six months to May 2026, the following assumptions must hold true:

• The value of 35 FALLOWFIELD WAY has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The November 2020 sale price of £114,500 represented a fair market value for the property.
• The size, condition, and specification of 35 FALLOWFIELD WAY has not materially changed since November 2020.

How Large is 35 FALLOWFIELD WAY?

35 FALLOWFIELD WAY is 61m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of semi-detached houses in Ashington, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Ashington, and where 35 FALLOWFIELD WAY lies on this distribution: 10% of semi-detached houses are smaller than 35 FALLOWFIELD WAY, and 89% of semi-detached houses are larger. Note that EPC data is not available for all properties in Ashington.

35 FALLOWFIELD WAY: Plot

35 FALLOWFIELD WAY sits on a plot of roughly 211.4 acres, or 855,477m².

Where is 35 FALLOWFIELD WAY?

35 FALLOWFIELD WAY is located in ASHINGTON, in the NE63 postcode district. The below map shows the position of No. 35 on FALLOWFIELD WAY.