12, GREENWELL DRIVE, PRUDHOE, NE42 5QP - £225,000

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.

12 GREENWELL DRIVE is a very small detached house of 85m², built sometime between 1996 and 2002, which could now be worth an estimated £309,748. It was last sold for £225,000 in February 2019, which was around 14% below the average February 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was B.

12 GREENWELL DRIVE Sold Prices

Land registry data shows three sales for 12 GREENWELL DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 12 GREENWELL DRIVE 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
2019 22 FEB	£225,000	£261,350	14% below HPI
2012 20 JUL	£168,000	£235,827	29% below HPI
2000 23 FEB	£86,995	£98,878	12% below HPI

12 GREENWELL DRIVE 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 three 12 GREENWELL DRIVE sales between February 2000 and February 2019 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 July 2012 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2019 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 12 GREENWELL DRIVE be worth now?

12 GREENWELL DRIVE might now be worth an estimated £309,748.

This is based on house price inflation of 37.7%, between February 2019 and February 2025, for detached 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 37.7% inflationary increase is applied to the most recent sale price for 12 GREENWELL DRIVE of £225,000 on 22nd February 2019. For the value to have increased from £225,000 to £309,748 over the six years to February 2025, the following assumptions must hold true:

• The value of 12 GREENWELL DRIVE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The February 2019 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 12 GREENWELL DRIVE has not materially changed since February 2019.

How Large is 12 GREENWELL DRIVE?

12 GREENWELL DRIVE is 85m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of detached houses houses in Prudhoe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Prudhoe, and where 12 GREENWELL DRIVE lies on this distribution: 10% of detached houses houses are smaller than 12 GREENWELL DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Prudhoe.

12 GREENWELL DRIVE: Plot and Title Map

12 GREENWELL DRIVE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 12 GREENWELL DRIVE, 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 12 GREENWELL DRIVE). 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 12 GREENWELL DRIVE?

12 GREENWELL DRIVE is located in PRUDHOE, in the NE42 postcode district. The below map shows the position of No. 12 on GREENWELL DRIVE.