10, SPETCHELLS, PRUDHOE, NE42 5QD - £225,000

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

10 SPETCHELLS is a small extended detached house of 94m², built sometime between 2003 and 2006. It was last sold for £225,000 in April 2022, which was around 25% below the average April 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

10 SPETCHELLS Sold Prices

Land registry data shows five sales for 10 SPETCHELLS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the five 10 SPETCHELLS 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
2022 8 APR	£225,000	£299,246	25% below HPI
2003 15 DEC	£151,500	£186,774	19% below HPI
2002 11 JAN	£87,000	£118,453	27% below HPI
1999 25 JUN	£81,000	£95,555	15% below HPI
1998 5 NOV	£80,950	£95,268	15% below HPI

10 SPETCHELLS 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 five 10 SPETCHELLS sales between November 1998 and April 2022 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 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 10 SPETCHELLS?

10 SPETCHELLS is 94m², which includes two extensions, according to the EPC inspection conducted in December 2021. This puts it in the smallest 30% of detached houses in Prudhoe, based on EPC data. The below chart shows the distribution of detached houses by size in Prudhoe, and where 10 SPETCHELLS lies on this distribution: 22% of detached houses are smaller than 10 SPETCHELLS, and 77% of houses are larger. Note that EPC data is not available for all properties in Prudhoe.

10 SPETCHELLS: Plot and Title Map

10 SPETCHELLS sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 10 SPETCHELLS, 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 10 SPETCHELLS). 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 10 SPETCHELLS?

10 SPETCHELLS is located in PRUDHOE, in the NE42 postcode district. The below map shows the position of No. 10 on SPETCHELLS.