12, LASSELLS RIGG, PRUDHOE, NE42 5QT - £175,000

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

12 LASSELLS RIGG is a small detached house of 106m², built sometime between 1996 and 2002. It was last sold for £175,000 in May 2017, which was around 30% below the average May 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

12 LASSELLS RIGG Sold Prices

Land registry data shows four sales for 12 LASSELLS RIGG since 1^st 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. Most of the four 12 LASSELLS RIGG 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
2017 30 MAY	£175,000	£249,321	30% below HPI
2003 18 DEC	£168,000	£186,774	10% below HPI
2002 8 OCT	£147,500	£138,451	7% above HPI
1999 2 JUL	£81,995	£98,026	16% below HPI

12 LASSELLS RIGG 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 four 12 LASSELLS RIGG sales between July 1999 and May 2017 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 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 12 LASSELLS RIGG?

12 LASSELLS RIGG is 106m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 40% of detached houses in Prudhoe, based on EPC data. The below chart shows the distribution of detached houses by size in Prudhoe, and where 12 LASSELLS RIGG lies on this distribution: 40% of detached houses are smaller than 12 LASSELLS RIGG, and 60% of houses are larger. Note that EPC data is not available for all properties in Prudhoe.

12 LASSELLS RIGG: Plot and Title Map

12 LASSELLS RIGG sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 12 LASSELLS RIGG, 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 LASSELLS RIGG). 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 LASSELLS RIGG?

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