18, CHEYNE ROAD, PRUDHOE, NE42 6PF - £225,000

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

18 CHEYNE ROAD is a large extended detached house of 125m², built sometime between 1950 and 1966. It was last sold for £225,000 in May 2022, which was around 26% below the average May 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

18 CHEYNE ROAD Sold Prices

Land registry data shows two sales for 18 CHEYNE ROAD 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 18 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
2022 11 MAY	£225,000	£303,147	26% below HPI
2001 25 OCT	£86,100	£115,150	25% below HPI

18 CHEYNE ROAD 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 18 CHEYNE ROAD sales from October 2001 and May 2022 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 October 2001 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2022 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 18 CHEYNE ROAD?

18 CHEYNE ROAD is 125m², which includes two extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 40% of detached houses in Prudhoe, based on EPC data. The below chart shows the distribution of detached houses by size in Prudhoe, and where 18 CHEYNE ROAD lies on this distribution: 63% of detached houses are smaller than 18 CHEYNE ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Prudhoe.

18 CHEYNE ROAD: Plot and Title Map

18 CHEYNE ROAD sits on a plot of roughly 0.144 of an acre, or 582m². The below map shows the location of 18 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 18 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.

Where is 18 CHEYNE ROAD?

18 CHEYNE ROAD is located in PRUDHOE, in the NE42 postcode district. The below map shows the position of No. 18 on CHEYNE ROAD.