Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 THE PINES is a very large detached house of 156m². It was last sold for £217,500 in January 2018, which was around 14% below the average January 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2011, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows four sales for 1 THE PINES since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four 1 THE PINES 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 10 JAN | £217,500 | £253,154 | 14% below HPI |
2011 27 JUN | £180,000 | £240,653 | 25% below HPI |
2006 5 DEC | £155,000 | £246,253 | 37% below HPI |
2003 14 MAR | £100,000 | £143,589 | 30% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The four 1 THE PINES sales between March 2003 and January 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 June 2011 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2018 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.
1 THE PINES is 156m² according to the EPC inspection conducted in March 2011. This puts it in the largest 10% of detached houses in Hadston, based on EPC data. The below chart shows the distribution of detached houses by size in Hadston, and where 1 THE PINES lies on this distribution: 92% of detached houses are smaller than 1 THE PINES, and 8% of houses are larger. Note that EPC data is not available for all properties in Hadston.
1 THE PINES sits on a plot of roughly 0.250 of an acre, or 1,013m². The below map shows the location of 1 THE PINES, 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 THE PINES). 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.
1 THE PINES is located in HADSTON, in the NE65 postcode district. The below map shows the position of No. 1 on THE PINES.