6, CASTLE RIGG, OTTERBURN, NEWCASTLE UPON TYNE, NE19 1NQ - £164,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 CASTLE RIGG is a small detached house of 95m², which could now be worth an estimated £221,795. It was last sold for £164,000 in February 2018, which was around 38% below the average February 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2009, where the current energy rating was B, and the potential energy rating was B.

6 CASTLE RIGG Sold Prices

Land registry data shows two sales for 6 CASTLE RIGG 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 6 CASTLE RIGG 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
2018 5 FEB	£164,000	£266,036	38% below HPI
2014 19 DEC	£125,000	£243,115	49% below HPI

6 CASTLE RIGG 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 6 CASTLE RIGG sales from December 2014 and February 2018 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 December 2014 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the February 2018 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 6 CASTLE RIGG be worth now?

6 CASTLE RIGG might now be worth an estimated £221,795.

This is based on house price inflation of 35.2%, between February 2018 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.2% inflationary increase is applied to the most recent sale price for 6 CASTLE RIGG of £164,000 on 5th February 2018. For the value to have increased from £164,000 to £221,795 over the seven years to February 2025, the following assumptions must hold true:

• The value of 6 CASTLE RIGG has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The February 2018 sale price of £164,000 represented a fair market value for the property.
• The size, condition, and specification of 6 CASTLE RIGG has not materially changed since February 2018.

How Large is 6 CASTLE RIGG?

6 CASTLE RIGG is 95m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 30% of detached houses houses in Otterburn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Otterburn, and where 6 CASTLE RIGG lies on this distribution: 25% of detached houses houses are smaller than 6 CASTLE RIGG, and 75% of houses are larger. Note that EPC data is not available for all properties in Otterburn.

6 CASTLE RIGG: Plot and Title Map

6 CASTLE RIGG sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 6 CASTLE RIGG, 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 6 CASTLE RIGG). 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 6 CASTLE RIGG?

6 CASTLE RIGG is located in OTTERBURN, in the NE19 postcode district. The below map shows the position of No. 6 on CASTLE RIGG.