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
2 DARRAS MEWS is a very small detached house of 53m², built sometime between 1983 and 1990. It was last sold for £57,000 in June 2000, which was around 43% below the average June 2000 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2023, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows two sales for 2 DARRAS MEWS 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 2 DARRAS MEWS 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 |
---|---|---|---|
2000 14 JUN | £57,000 | £100,013 | 43% below HPI |
1997 19 FEB | £62,500 | £83,993 | 26% 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 2 DARRAS MEWS sales from February 1997 and June 2000 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 1997 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2000 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.
2 DARRAS MEWS is 53m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% of detached houses in Ponteland, based on EPC data. The below chart shows the distribution of detached houses by size in Ponteland, and where 2 DARRAS MEWS lies on this distribution: Less than 1% of detached houses are smaller than 2 DARRAS MEWS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Ponteland.
2 DARRAS MEWS sits on a plot of roughly 0.731 of an acre, or 2,956m². The below map shows the location of 2 DARRAS MEWS, 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 2 DARRAS MEWS). 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.
2 DARRAS MEWS is located in PONTELAND, in the NE20 postcode district. The below map shows the position of No. 2 on DARRAS MEWS.