41, FALLOWFIELD WAY, ASHINGTON, NE63 8LD - £76,950

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.

41 FALLOWFIELD WAY is a very small terraced house of 59m², built sometime between 1991 and 1995, which could now be worth an estimated £217,988. It was last sold for £76,950 in March 2003, which was around 29% above the average March 2003 terraced price in the Northumberland local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

41 FALLOWFIELD WAY Sold Prices

Land registry data shows two sales for 41 FALLOWFIELD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Northumberland local authority area for the corresponding sale date. Both of the two 41 FALLOWFIELD WAY sales were for above 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
2003 28 MAR	£76,950	£59,601	29% above HPI
1998 18 DEC	£42,500	£38,772	10% above HPI

41 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 two 41 FALLOWFIELD WAY sales from December 1998 and March 2003 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 December 1998 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the March 2003 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 41 FALLOWFIELD WAY be worth now?

41 FALLOWFIELD WAY might now be worth an estimated £217,988.

This is based on house price inflation of 183.3%, between March 2003 and May 2026, for terraced 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 183.3% inflationary increase is applied to the most recent sale price for 41 FALLOWFIELD WAY of £76,950 on 28th March 2003. For the value to have increased from £76,950 to £217,988 over the 22 years and ten months to May 2026, the following assumptions must hold true:

• The value of 41 FALLOWFIELD WAY has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The March 2003 sale price of £76,950 represented a fair market value for the property.
• The size, condition, and specification of 41 FALLOWFIELD WAY has not materially changed since March 2003.

How Large is 41 FALLOWFIELD WAY?

41 FALLOWFIELD WAY is 59m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of terraced houses in Ashington, based on EPC data. The below chart shows the distribution of terraced houses by size in Ashington, and where 41 FALLOWFIELD WAY lies on this distribution: 4% of terraced houses are smaller than 41 FALLOWFIELD WAY, and 96% of terraced houses are larger. Note that EPC data is not available for all properties in Ashington.

41 FALLOWFIELD WAY: Plot

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

Where is 41 FALLOWFIELD WAY?

41 FALLOWFIELD WAY is located in ASHINGTON, in the NE63 postcode district. The below map shows the position of No. 41 on FALLOWFIELD WAY.