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
37 CHERRY GROVE is a large extended detached house of 140m², built sometime between 1967 and 1975. It was last sold for £175,000 in August 2010, which was around 29% below the average August 2010 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows two sales for 37 CHERRY GROVE since 1st 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 37 CHERRY 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 |
---|---|---|---|
2010 27 AUG | £175,000 | £245,981 | 29% below HPI |
2009 29 OCT | £220,000 | £240,223 | 8% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 37 CHERRY GROVE sales from October 2009 and August 2010 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 October 2009 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2010 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.
37 CHERRY GROVE is 140m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the largest 30% of detached houses in Prudhoe, based on EPC data. The below chart shows the distribution of detached houses by size in Prudhoe, and where 37 CHERRY GROVE lies on this distribution: 78% of detached houses are smaller than 37 CHERRY GROVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Prudhoe.
37 CHERRY GROVE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 37 CHERRY 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 37 CHERRY 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.
37 CHERRY GROVE is located in PRUDHOE, in the NE42 postcode district. The below map shows the position of No. 37 on CHERRY GROVE.