13, OTTERBURN CLOSE, NEWCASTLE UPON TYNE, NE12 9QY - £58,000

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

13 OTTERBURN CLOSE is a small extended detached house of 106m², built sometime between 1967 and 1975. It was last sold for £58,000 in July 1998, which was around 34% below the average July 1998 detached price in the North Tyneside local authority area. The most recent EPC inspection was January 2022, where the current energy rating was E, and the potential energy rating was C.

13 OTTERBURN CLOSE Sold Prices

Land registry data shows two sales for 13 OTTERBURN 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 North Tyneside local authority area for the corresponding sale date. Both of the two 13 OTTERBURN 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
1998 24 JUL	£58,000	£87,707	34% below HPI
1998 17 JUL	£56,000	£87,707	36% below HPI

13 OTTERBURN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 13 OTTERBURN CLOSE sales from July 1998 and July 1998 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 1998 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 1998 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 13 OTTERBURN CLOSE?

13 OTTERBURN CLOSE is 106m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 30% of detached houses in Longbenton, based on EPC data. The below chart shows the distribution of detached houses by size in Longbenton, and where 13 OTTERBURN CLOSE lies on this distribution: 27% of detached houses are smaller than 13 OTTERBURN CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Longbenton.

13 OTTERBURN CLOSE: Plot and Title Map

13 OTTERBURN CLOSE sits on a plot of roughly 227.5 acres, or 920,671m². The below map shows the location of 13 OTTERBURN 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 13 OTTERBURN 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 13 OTTERBURN CLOSE?

13 OTTERBURN CLOSE is located in NEWCASTLE UPON TYNE, in the NE12 postcode district. The below map shows the position of No. 13 on OTTERBURN CLOSE.