16, PENNINE DRIVE, ASHINGTON, NE63 0TE - £160,000

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

16 PENNINE DRIVE is a very small detached house of 76m², built sometime between 1991 and 1995. It was last sold for £160,000 in October 2014, which was around 33% below the average October 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

16 PENNINE DRIVE Sold Prices

Land registry data shows two sales for 16 PENNINE DRIVE 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 16 PENNINE DRIVE 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
2014 3 OCT	£160,000	£238,674	33% below HPI
2005 6 JUL	£170,000	£226,792	25% below HPI

16 PENNINE DRIVE 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 16 PENNINE DRIVE sales from July 2005 and October 2014 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 2005 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2014 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 16 PENNINE DRIVE?

16 PENNINE DRIVE is 76m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of detached houses in Ashington, based on EPC data. The below chart shows the distribution of detached houses by size in Ashington, and where 16 PENNINE DRIVE lies on this distribution: 9% of detached houses are smaller than 16 PENNINE DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Ashington.

16 PENNINE DRIVE: Plot and Title Map

16 PENNINE DRIVE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 16 PENNINE DRIVE, 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 PENNINE DRIVE). 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 16 PENNINE DRIVE?

16 PENNINE DRIVE is located in ASHINGTON, in the NE63 postcode district. The below map shows the position of No. 16 on PENNINE DRIVE.