1, OTUS GROVE, BLYTH, NE24 3RY - £229,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 OTUS GROVE is a very large detached house of 130m², built sometime between 2003 and 2006. It was last sold for £229,000 in February 2018, which was around 11% below the average February 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was December 2017, where the current energy rating was C, and the potential energy rating was B.

1 OTUS GROVE Sold Prices

Land registry data shows two sales for 1 OTUS GROVE 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 1 OTUS GROVE 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
2018 1 FEB	£229,000	£257,745	11% below HPI
2007 29 MAY	£244,950	£247,542	1% below HPI

1 OTUS GROVE 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 1 OTUS GROVE sales from May 2007 and February 2018 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 2007 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2018 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 1 OTUS GROVE?

1 OTUS GROVE is 130m² according to the EPC inspection conducted in December 2017. This puts it in the largest 20% of detached houses in Blyth, based on EPC data. The below chart shows the distribution of detached houses by size in Blyth, and where 1 OTUS GROVE lies on this distribution: 83% of detached houses are smaller than 1 OTUS GROVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Blyth.

1 OTUS GROVE: Plot and Title Map

1 OTUS GROVE sits on a plot of roughly 0.070 of an acre, or 281m². The below map shows the location of 1 OTUS GROVE, 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 1 OTUS GROVE). 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 1 OTUS GROVE?

1 OTUS GROVE is located in BLYTH, in the NE24 postcode district. The below map shows the position of No. 1 on OTUS GROVE.