2, THE WAGGONWAY, PRUDHOE, NE42 5QN - £180,000

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

2 THE WAGGONWAY is a very small detached house of 60m², built sometime between 1991 and 1995. It was last sold for £180,000 in April 2018, which was around 31% below the average April 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2013, where the current energy rating was B, and the potential energy rating was B.

2 THE WAGGONWAY Sold Prices

Land registry data shows two sales for 2 THE WAGGONWAY 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 2 THE WAGGONWAY 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
2018 6 APR	£180,000	£259,047	31% below HPI
1997 12 MAR	£69,950	£84,788	18% below HPI

2 THE WAGGONWAY 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 2 THE WAGGONWAY sales from March 1997 and April 2018 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 March 1997 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 THE WAGGONWAY?

2 THE WAGGONWAY is 60m² according to the EPC inspection conducted in October 2013. 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 THE WAGGONWAY lies on this distribution: 1% of detached houses are smaller than 2 THE WAGGONWAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Prudhoe.

2 THE WAGGONWAY: Plot and Title Map

2 THE WAGGONWAY sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 2 THE WAGGONWAY, 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 THE WAGGONWAY). 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 THE WAGGONWAY?

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