24, OTTER BURN WAY, PRUDHOE, NE42 6RD - £174,000

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

24 OTTER BURN WAY is a very small extended detached house of 90m², built sometime between 1991 and 1995. It was last sold for £174,000 in January 2004, which was around 7% below the average January 2004 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

24 OTTER BURN WAY Sold Prices

Land registry data shows four sales for 24 OTTER BURN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four 24 OTTER BURN WAY 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
2004 23 JAN	£174,000	£186,667	7% below HPI
2002 23 AUG	£122,000	£134,088	9% below HPI
2002 12 APR	£110,000	£117,608	6% below HPI
1998 10 MAR	£69,500	£86,075	19% below HPI

24 OTTER BURN WAY 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 four 24 OTTER BURN WAY sales between March 1998 and January 2004 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 August 2002 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2004 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 24 OTTER BURN WAY?

24 OTTER BURN WAY is 90m², which includes two extensions, according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of detached houses in Prudhoe, based on EPC data. The below chart shows the distribution of detached houses by size in Prudhoe, and where 24 OTTER BURN WAY lies on this distribution: 17% of detached houses are smaller than 24 OTTER BURN WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Prudhoe.

24 OTTER BURN WAY: Plot and Title Map

24 OTTER BURN WAY sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 24 OTTER BURN WAY, 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 24 OTTER BURN WAY). 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 24 OTTER BURN WAY?

24 OTTER BURN WAY is located in PRUDHOE, in the NE42 postcode district. The below map shows the position of No. 24 on OTTER BURN WAY.