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

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

3 OTWAY GROVE is a midsized detached house of 102m², built sometime between 2003 and 2006, which could now be worth an estimated £278,272. It was last sold for £185,000 in November 2012, which was around 23% 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	£239,194	23% below HPI
2011 31 JAN	£185,000	£243,431	24% 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 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2012 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 3 OTWAY GROVE be worth now?

3 OTWAY GROVE might now be worth an estimated £278,272.

This is based on house price inflation of 50.4%, between November 2012 and February 2025, 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 50.4% inflationary increase is applied to the most recent sale price for 3 OTWAY GROVE of £185,000 on 16th November 2012. For the value to have increased from £185,000 to £278,272 over the thirteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 OTWAY GROVE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The November 2012 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OTWAY GROVE has not materially changed since November 2012.

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