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
16 CHEYNE ROAD is a small detached house of 93m², built sometime between 1950 and 1966. It was last sold for £118,000 in February 2012, which was around 47% below the average February 2012 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 16 CHEYNE ROAD since 1st 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 16 CHEYNE ROAD 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 |
---|---|---|---|
2012 24 FEB | £118,000 | £222,277 | 47% below HPI |
1995 24 FEB | £29,500 | £81,986 | 64% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 16 CHEYNE ROAD sales from February 1995 and February 2012 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 February 1995 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the February 2012 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.
16 CHEYNE ROAD is 93m² according to the EPC inspection conducted in October 2022. 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 16 CHEYNE ROAD lies on this distribution: 22% of detached houses are smaller than 16 CHEYNE ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Prudhoe.
16 CHEYNE ROAD sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 16 CHEYNE ROAD, 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 16 CHEYNE ROAD). 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.
16 CHEYNE ROAD is located in PRUDHOE, in the NE42 postcode district. The below map shows the position of No. 16 on CHEYNE ROAD.