37, OTTER BURN WAY, PRUDHOE, NE42 6RD - £58,500

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 OTTER BURN WAY is a very small extended detached house of 71m², built sometime between 1991 and 1995. It was last sold for £58,500 in May 1997, which was around 32% below the average May 1997 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

37 OTTER BURN WAY Sold Prices

Land registry data shows two sales for 37 OTTER BURN WAY 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 37 OTTER BURN WAY 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
1997 30 MAY	£58,500	£86,637	32% below HPI
1997 28 FEB	£60,000	£83,993	29% below HPI

37 OTTER BURN WAY 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 37 OTTER BURN WAY sales from February 1997 and May 1997 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 February 1997 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 1997 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 37 OTTER BURN WAY?

37 OTTER BURN WAY is 71m², which includes one extension, according to the EPC inspection conducted in June 2013. 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 37 OTTER BURN WAY lies on this distribution: 3% of detached houses are smaller than 37 OTTER BURN WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Prudhoe.

37 OTTER BURN WAY: Plot and Title Map

37 OTTER BURN WAY sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 37 OTTER BURN WAY, 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 OTTER BURN WAY). 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 37 OTTER BURN WAY?

37 OTTER BURN WAY is located in PRUDHOE, in the NE42 postcode district. The below map shows the position of No. 37 on OTTER BURN WAY.