3, WELL DEAN, PRUDHOE, NE42 5QQ - £183,000

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 WELL DEAN is a very small extended detached house of 80m², built sometime between 1996 and 2002. It was last sold for £183,000 in January 2020, which was around 28% below the average January 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

3 WELL DEAN Sold Prices

Land registry data shows four sales for 3 WELL DEAN 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 WELL DEAN 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
2020 10 JAN	£183,000	£253,368	28% below HPI
2016 11 NOV	£172,500	£251,069	31% below HPI
2002 15 JUL	£110,000	£130,334	16% below HPI
1998 18 JUN	£72,995	£89,212	18% below HPI

3 WELL DEAN 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 WELL DEAN sales between June 1998 and January 2020 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 November 2016 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2020 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 3 WELL DEAN?

3 WELL DEAN is 80m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% 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 WELL DEAN lies on this distribution: 7% of detached houses are smaller than 3 WELL DEAN, and 93% of houses are larger. Note that EPC data is not available for all properties in Prudhoe.

3 WELL DEAN: Plot and Title Map

3 WELL DEAN sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 3 WELL DEAN, 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 WELL DEAN). 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 WELL DEAN?

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