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 NORTH VIEW TERRACE is a very small extended detached house of 79m², built sometime between 1900 and 1929. It was last sold for £109,000 in March 2008, which was around 58% 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.
Land registry data shows three sales for 2 NORTH VIEW TERRACE since 1st 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 | £258,280 | 58% below HPI |
2004 23 APR | £93,000 | £186,418 | 50% below HPI |
1998 17 APR | £34,950 | £86,704 | 60% below HPI |
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 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the March 2008 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.
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 in Prudhoe, based on EPC data. The below chart shows the distribution of detached houses by size in Prudhoe, and where 2 NORTH VIEW TERRACE lies on this distribution: 6% of detached houses are smaller than 2 NORTH VIEW TERRACE, and 94% of houses are larger. Note that EPC data is not available for all properties in Prudhoe.
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.
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.