Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 WORCESTER PLACE is a large detached house of 134m², built in 2017. It was last sold for £445,000 in January 2024, which was around 35% above the average January 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2021, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 2 WORCESTER PLACE 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 WORCESTER PLACE sales were for above 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 |
---|---|---|---|
2024 8 JAN | £445,000 | £328,895 | 35% above HPI |
2021 24 JUN | £375,950 | £291,776 | 29% above 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 WORCESTER PLACE sales from June 2021 and January 2024 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 June 2021 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the January 2024 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.
2 WORCESTER PLACE is 134m² according to the EPC inspection conducted in June 2021. This puts it in the largest 30% of detached houses in Alnwick, based on EPC data. The below chart shows the distribution of detached houses by size in Alnwick, and where 2 WORCESTER PLACE lies on this distribution: 72% of detached houses are smaller than 2 WORCESTER PLACE, and 25% of houses are larger. Note that EPC data is not available for all properties in Alnwick.
2 WORCESTER PLACE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 2 WORCESTER PLACE, 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 WORCESTER PLACE). 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 WORCESTER PLACE is located in PETERS MILL, in the NE66 postcode district. The below map shows the position of No. 2 on WORCESTER PLACE.