3, OTWAY GROVE, BLYTH, NE24 3SS - £185,000

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

3 OTWAY GROVE is a midsized detached house of 102m², built sometime between 2003 and 2006. It was last sold for £185,000 in November 2012, which was around 20% below the average November 2012 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

3 OTWAY GROVE Sold Prices

Land registry data shows two sales for 3 OTWAY GROVE 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 OTWAY GROVE 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
2012 16 NOV	£185,000	£231,739	20% below HPI
2011 31 JAN	£185,000	£235,844	22% below HPI

3 OTWAY GROVE 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 OTWAY GROVE sales from January 2011 and November 2012 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 January 2011 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2012 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 3 OTWAY GROVE?

3 OTWAY GROVE is 102m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 50% of detached houses in Blyth, based on EPC data. The below chart shows the distribution of detached houses by size in Blyth, and where 3 OTWAY GROVE lies on this distribution: 45% of detached houses are smaller than 3 OTWAY GROVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Blyth.

3 OTWAY GROVE: Plot and Title Map

3 OTWAY GROVE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 3 OTWAY GROVE, 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 OTWAY GROVE). 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 OTWAY GROVE?

3 OTWAY GROVE is located in BLYTH, in the NE24 postcode district. The below map shows the position of No. 3 on OTWAY GROVE.