2, NORTH VIEW TERRACE, PRUDHOE, NE42 6JS - £109,000

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 NORTH VIEW TERRACE is a very small extended detached house of 79m², built sometime between 1900 and 1929, which could now be worth an estimated £145,380. It was last sold for £109,000 in March 2008, which was around 59% below the average March 2008 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.

2 NORTH VIEW TERRACE Sold Prices

Land registry data shows three sales for 2 NORTH VIEW TERRACE 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 NORTH VIEW TERRACE 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
2008 28 MAR	£109,000	£266,589	59% below HPI
2004 23 APR	£93,000	£192,415	52% below HPI
1998 17 APR	£34,950	£89,493	61% below HPI

2 NORTH VIEW TERRACE 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 NORTH VIEW TERRACE sales between April 1998 and March 2008 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 April 2004 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the March 2008 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.

What might 2 NORTH VIEW TERRACE be worth now?

2 NORTH VIEW TERRACE might now be worth an estimated £145,380.

This is based on house price inflation of 33.4%, between March 2008 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 33.4% inflationary increase is applied to the most recent sale price for 2 NORTH VIEW TERRACE of £109,000 on 28th March 2008. For the value to have increased from £109,000 to £145,380 over the fifteen years and three months to December 2024, the following assumptions must hold true:

• The value of 2 NORTH VIEW TERRACE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The March 2008 sale price of £109,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NORTH VIEW TERRACE has not materially changed since March 2008.

How Large is 2 NORTH VIEW TERRACE?

2 NORTH VIEW TERRACE is 79m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% 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 NORTH VIEW TERRACE lies on this distribution: 6% of detached houses houses are smaller than 2 NORTH VIEW TERRACE, and 93% of houses are larger. Note that EPC data is not available for all properties in Prudhoe.

2 NORTH VIEW TERRACE: Plot and Title Map

2 NORTH VIEW TERRACE sits on a plot of roughly 0.023 of an acre, or 93m². The below map shows the location of 2 NORTH VIEW TERRACE, 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 NORTH VIEW TERRACE). 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 NORTH VIEW TERRACE?

2 NORTH VIEW TERRACE is located in PRUDHOE, in the NE42 postcode district. The below map shows the position of No. 2 on NORTH VIEW TERRACE.