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 THE COPPICE is a large detached house of 150m², built sometime between 2003 and 2006. It was last sold for £475,000 in January 2024, which was around 44% above the average January 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 3 THE COPPICE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the five 3 THE COPPICE sales were for above 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 |
---|---|---|---|
2024 19 JAN | £475,000 | £329,938 | 44% above HPI |
2017 10 MAR | £315,000 | £247,059 | 27% above HPI |
2010 3 DEC | £310,000 | £242,040 | 28% above HPI |
2006 12 APR | £290,000 | £228,957 | 27% above HPI |
2003 3 FEB | £222,000 | £144,696 | 53% above HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The five 3 THE COPPICE sales between February 2003 and January 2024 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 March 2017 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the January 2024 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.
3 THE COPPICE is 150m² according to the EPC inspection conducted in April 2016. This puts it in the largest 40% of detached houses in Hipsburn, based on EPC data. The below chart shows the distribution of detached houses by size in Hipsburn, and where 3 THE COPPICE lies on this distribution: 67% of detached houses are smaller than 3 THE COPPICE, and 33% of houses are larger. Note that EPC data is not available for all properties in Hipsburn.
3 THE COPPICE sits on a plot of roughly 0.168 of an acre, or 680m². The below map shows the location of 3 THE COPPICE, 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 THE COPPICE). 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.
3 THE COPPICE is located in LESBURY, in the NE66 postcode district. The below map shows the position of No. 3 on THE COPPICE.