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 PARKLANDS is a small extended detached house of 129m², built sometime between 1967 and 1975. It was last sold for £400,000 in January 2020, which was around 58% above the average January 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was A.
Land registry data shows six sales for 5 PARKLANDS since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the six 5 PARKLANDS sales were for above 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 24 JAN | £400,000 | £253,368 | 58% above HPI |
2008 30 SEP | £410,000 | £247,943 | 65% above HPI |
2002 6 AUG | £245,000 | £134,088 | 83% above HPI |
1999 26 NOV | £169,950 | £100,470 | 69% above HPI |
1997 10 JAN | £146,000 | £82,261 | 77% above HPI |
1995 24 AUG | £130,000 | £80,192 | 62% above HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The six 5 PARKLANDS sales between August 1995 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 September 2008 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the January 2020 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.
5 PARKLANDS is 129m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 30% of detached houses in Ponteland, based on EPC data. The below chart shows the distribution of detached houses by size in Ponteland, and where 5 PARKLANDS lies on this distribution: 23% of detached houses are smaller than 5 PARKLANDS, and 76% of houses are larger. Note that EPC data is not available for all properties in Ponteland.
5 PARKLANDS sits on a plot of roughly 0.247 of an acre, or 999m². The below map shows the location of 5 PARKLANDS, 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 PARKLANDS). 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.
5 PARKLANDS is located in PONTELAND, in the NE20 postcode district. The below map shows the position of No. 5 on PARKLANDS.