5, SPINNEY GARDENS, COTTIER GRANGE, PRUDHOE, NE42 5BZ - £300,000

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 SPINNEY GARDENS is a large detached house of 137m², built in 2020. It was last sold for £300,000 in May 2023, which was around 4% below the average May 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2021, where the current energy rating was B, and the potential energy rating was B.

5 SPINNEY GARDENS Sold Prices

Land registry data shows two sales for 5 SPINNEY GARDENS 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. One of the two 5 SPINNEY GARDENS sales was for below the average price, whilst the other was 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
2023 19 MAY	£300,000	£313,596	4% below HPI
2021 24 SEP	£342,995	£290,345	18% above HPI

5 SPINNEY GARDENS 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 SPINNEY GARDENS sales from September 2021 and May 2023 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 2021 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2023 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 5 SPINNEY GARDENS?

5 SPINNEY GARDENS is 137m² according to the EPC inspection conducted in September 2021. 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 5 SPINNEY GARDENS lies on this distribution: 73% of detached houses are smaller than 5 SPINNEY GARDENS, and 24% of houses are larger. Note that EPC data is not available for all properties in Prudhoe.

5 SPINNEY GARDENS: Plot and Title Map

5 SPINNEY GARDENS sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 5 SPINNEY GARDENS, 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 SPINNEY GARDENS). 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 SPINNEY GARDENS?

5 SPINNEY GARDENS is located in COTTIER GRANGE, in the NE42 postcode district. The below map shows the position of No. 5 on SPINNEY GARDENS.