THE CHIMES, RIDLEY AVENUE, BLYTH, NE24 3BB - £175,000

THE CHIMES is a large detached house of 122m², built sometime between 1967 and 1975. It was last sold for £175,000 in April 2011, which was around 26% below the average April 2011 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2010, where the current energy rating was E, and the potential energy rating was C.

THE CHIMES Sold Prices

Land registry data shows two sales for THE CHIMES 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 THE CHIMES sales was for below the average price, whilst the other was 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
2011 21 APR	£175,000	£237,428	26% below HPI
2003 24 JAN	£174,000	£145,917	19% above HPI

THE CHIMES 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 THE CHIMES sales from January 2003 and April 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 January 2003 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the April 2011 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is THE CHIMES?

THE CHIMES is 122m² according to the EPC inspection conducted in January 2010. This puts it in the largest 30% of detached houses in Blyth, based on EPC data. The below chart shows the distribution of detached houses by size in Blyth, and where THE CHIMES lies on this distribution: 76% of detached houses are smaller than THE CHIMES, and 24% of houses are larger. Note that EPC data is not available for all properties in Blyth.

THE CHIMES: Plot and Title Map

THE CHIMES sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of THE CHIMES, 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 THE CHIMES). 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 THE CHIMES?

THE CHIMES is located on RIDLEY AVENUE in BLYTH, in the NE24 postcode district. The below map shows the position of THE CHIMES on RIDLEY AVENUE.