3, FERN CLOSE, PRUDHOE, NE42 5PL - £287,500

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

3 FERN CLOSE is a midsized detached house of 113m². It was last sold for £287,500 in September 2022, which was around 12% below the average September 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2013, where the current energy rating was B, and the potential energy rating was B.

3 FERN CLOSE Sold Prices

Land registry data shows two sales for 3 FERN CLOSE 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 3 FERN CLOSE 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
2022 29 SEP	£287,500	£325,457	12% below HPI
2015 27 FEB	£220,000	£234,986	6% below HPI

3 FERN CLOSE 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 3 FERN CLOSE sales from February 2015 and September 2022 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 February 2015 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 3 FERN CLOSE?

3 FERN CLOSE is 113m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 50% of detached houses in Prudhoe, based on EPC data. The below chart shows the distribution of detached houses by size in Prudhoe, and where 3 FERN CLOSE lies on this distribution: 45% of detached houses are smaller than 3 FERN CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Prudhoe.

3 FERN CLOSE: Plot and Title Map

3 FERN CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 3 FERN CLOSE, 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 3 FERN CLOSE). 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 3 FERN CLOSE?

3 FERN CLOSE is located in PRUDHOE, in the NE42 postcode district. The below map shows the position of No. 3 on FERN CLOSE.