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

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

3 FERN CLOSE is a midsized detached house of 113m², which could now be worth an estimated £304,307. It was last sold for £287,500 in September 2022, which was around 14% 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	£335,927	14% below HPI
2015 27 FEB	£220,000	£242,545	9% 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 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2022 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 3 FERN CLOSE be worth now?

3 FERN CLOSE might now be worth an estimated £304,307.

This is based on house price inflation of 5.8%, between September 2022 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 5.8% inflationary increase is applied to the most recent sale price for 3 FERN CLOSE of £287,500 on 29th September 2022. For the value to have increased from £287,500 to £304,307 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of 3 FERN CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The September 2022 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of 3 FERN CLOSE has not materially changed since September 2022.

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 houses in Prudhoe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Prudhoe, and where 3 FERN CLOSE lies on this distribution: 45% of detached houses 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.