3, THE COPSE, PRUDHOE, NE42 5DA - £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 THE COPSE is a very small detached house of 91m², built sometime between 1996 and 2002. It was last sold for £185,000 in July 2015, which was around 23% below the average July 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

3 THE COPSE Sold Prices

Land registry data shows four sales for 3 THE COPSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four 3 THE COPSE 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
2015 17 JUL	£185,000	£240,522	23% below HPI
2014 25 APR	£185,000	£230,749	20% below HPI
2005 26 JUL	£185,000	£226,792	18% below HPI
1998 22 MAY	£77,950	£88,908	12% below HPI

3 THE COPSE 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 four 3 THE COPSE sales between May 1998 and July 2015 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 April 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2015 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 3 THE COPSE?

3 THE COPSE is 91m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% 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 THE COPSE lies on this distribution: 18% of detached houses are smaller than 3 THE COPSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Prudhoe.

3 THE COPSE: Plot and Title Map

3 THE COPSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 3 THE COPSE, 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 COPSE). 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 THE COPSE?

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