12, LOW CLOSE, PRUDHOE, NE42 5HZ - £247,500

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 LOW CLOSE is a very small detached house of 47m², built sometime between 1950 and 1966, which could now be worth an estimated £347,708. It was last sold for £247,500 in October 2006, which was around 3% below the average October 2006 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

12 LOW CLOSE Sold Prices

Land registry data shows two sales for 12 LOW CLOSE 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 12 LOW CLOSE 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
2006 4 OCT	£247,500	£256,099	3% below HPI
1999 9 JUL	£65,000	£101,180	36% below HPI

12 LOW CLOSE 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 12 LOW CLOSE sales from July 1999 and October 2006 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 1999 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2006 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 12 LOW CLOSE be worth now?

12 LOW CLOSE might now be worth an estimated £347,708.

This is based on house price inflation of 40.5%, between October 2006 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 40.5% inflationary increase is applied to the most recent sale price for 12 LOW CLOSE of £247,500 on 4th October 2006. For the value to have increased from £247,500 to £347,708 over the nineteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 12 LOW CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The October 2006 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 12 LOW CLOSE has not materially changed since October 2006.

How Large is 12 LOW CLOSE?

12 LOW CLOSE is 47m² according to the EPC inspection conducted in June 2009. 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 LOW CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 12 LOW CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Prudhoe.

12 LOW CLOSE: Plot and Title Map

12 LOW CLOSE sits on a plot of roughly 0.139 of an acre, or 563m². The below map shows the location of 12 LOW CLOSE, 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 LOW CLOSE). 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 LOW CLOSE?

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