2, FERN CLOSE, PRUDHOE, NE42 5PL - £275,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 FERN CLOSE is a midsized detached house of 113m², which could now be worth an estimated £316,571. It was last sold for £275,000 in April 2022, which was around 11% below the average April 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2013, where the current energy rating was B, and the potential energy rating was B.

2 FERN CLOSE Sold Prices

Land registry data shows three sales for 2 FERN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 2 FERN CLOSE 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 1 APR	£275,000	£308,873	11% below HPI
2017 17 NOV	£210,000	£260,799	19% below HPI
2015 29 APR	£220,000	£242,285	9% below HPI

2 FERN CLOSE 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 three 2 FERN CLOSE sales between April 2015 and April 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 November 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 2 FERN CLOSE be worth now?

2 FERN CLOSE might now be worth an estimated £316,571.

This is based on house price inflation of 15.1%, between April 2022 and December 2024, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.1% inflationary increase is applied to the most recent sale price for 2 FERN CLOSE of £275,000 on 1st April 2022. For the value to have increased from £275,000 to £316,571 over the one year and four months to December 2024, the following assumptions must hold true:

• The value of 2 FERN CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The April 2022 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FERN CLOSE has not materially changed since April 2022.

How Large is 2 FERN CLOSE?

2 FERN CLOSE is 113m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 50% of detached houses houses in Prudhoe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Prudhoe, and where 2 FERN CLOSE lies on this distribution: 45% of detached houses houses are smaller than 2 FERN CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Prudhoe.

2 FERN CLOSE: Plot and Title Map

2 FERN CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 2 FERN CLOSE, 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 FERN CLOSE). 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 2 FERN CLOSE?

2 FERN CLOSE is located in PRUDHOE, in the NE42 postcode district. The below map shows the position of No. 2 on FERN CLOSE.