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
16 NORTH MEADOW is a very small detached house of 58m², built sometime between 1983 and 1990. It was last sold for £240,000 in June 2023, which was around 24% below the average June 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was A.
Land registry data shows two sales for 16 NORTH MEADOW 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 NORTH MEADOW 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 |
---|---|---|---|
2023 15 JUN | £240,000 | £317,558 | 24% below HPI |
2021 5 MAR | £191,000 | £282,544 | 32% 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 NORTH MEADOW sales from March 2021 and June 2023 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 March 2021 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.
16 NORTH MEADOW is 58m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses in Ovingham, based on EPC data. The below chart shows the distribution of detached houses by size in Ovingham, and where 16 NORTH MEADOW lies on this distribution: 3% of detached houses are smaller than 16 NORTH MEADOW, and 95% of houses are larger. Note that EPC data is not available for all properties in Ovingham.
16 NORTH MEADOW sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 16 NORTH MEADOW, 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 NORTH MEADOW). 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 NORTH MEADOW is located in OVINGHAM, in the NE42 postcode district. The below map shows the position of No. 16 on NORTH MEADOW.