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

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

24 OTTER BURN WAY is a very small extended detached house of 90m², built sometime between 1991 and 1995, which could now be worth an estimated £321,107. It was last sold for £174,000 in January 2004, which was around 10% 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	£192,672	10% below HPI
2002 23 AUG	£122,000	£138,402	12% below HPI
2002 12 APR	£110,000	£121,391	9% below HPI
1998 10 MAR	£69,500	£88,844	22% 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 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the January 2004 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 24 OTTER BURN WAY be worth now?

24 OTTER BURN WAY might now be worth an estimated £321,107.

This is based on house price inflation of 84.5%, between January 2004 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 84.5% inflationary increase is applied to the most recent sale price for 24 OTTER BURN WAY of £174,000 on 23rd January 2004. For the value to have increased from £174,000 to £321,107 over the nineteen years and one month to December 2024, the following assumptions must hold true:

• The value of 24 OTTER BURN WAY has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The January 2004 sale price of £174,000 represented a fair market value for the property.
• The size, condition, and specification of 24 OTTER BURN WAY has not materially changed since January 2004.

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 houses in Prudhoe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Prudhoe, and where 24 OTTER BURN WAY lies on this distribution: 17% of detached houses 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 0.060 of an acre, or 241m². 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.