5, OTTERBURN DRIVE, ASHINGTON, NE63 8LP - £238,000

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

5 OTTERBURN DRIVE is a very small extended detached house of 84m², built sometime between 1991 and 1995. It was last sold for £238,000 in December 2022, which was around 27% below the average December 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

5 OTTERBURN DRIVE Sold Prices

Land registry data shows two sales for 5 OTTERBURN DRIVE 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 5 OTTERBURN DRIVE 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
2022 9 DEC	£238,000	£325,769	27% below HPI
1999 5 AUG	£68,000	£97,730	30% below HPI

5 OTTERBURN DRIVE 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 5 OTTERBURN DRIVE sales from August 1999 and December 2022 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 August 1999 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 5 OTTERBURN DRIVE?

5 OTTERBURN DRIVE is 84m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 20% of detached houses in Ashington, based on EPC data. The below chart shows the distribution of detached houses by size in Ashington, and where 5 OTTERBURN DRIVE lies on this distribution: 15% of detached houses are smaller than 5 OTTERBURN DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Ashington.

5 OTTERBURN DRIVE: Plot and Title Map

5 OTTERBURN DRIVE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 5 OTTERBURN DRIVE, 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 5 OTTERBURN DRIVE). 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 5 OTTERBURN DRIVE?

5 OTTERBURN DRIVE is located in ASHINGTON, in the NE63 postcode district. The below map shows the position of No. 5 on OTTERBURN DRIVE.