6, SOMERSET AVENUE, PETERS MILL, ALNWICK, NE66 2FE - £485,000

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

6 SOMERSET AVENUE is a very large detached house of 147m². It was last sold for £485,000 in October 2023, which was around 49% above the average October 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2021, where the current energy rating was B, and the potential energy rating was A.

6 SOMERSET AVENUE Sold Prices

Land registry data shows two sales for 6 SOMERSET AVENUE 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 SOMERSET AVENUE 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
2023 27 OCT	£485,000	£325,881	49% above HPI
2021 11 FEB	£384,950	£283,940	36% above HPI

6 SOMERSET AVENUE 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 SOMERSET AVENUE sales from February 2021 and October 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 February 2021 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the October 2023 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 6 SOMERSET AVENUE?

6 SOMERSET AVENUE is 147m² according to the EPC inspection conducted in February 2021. This puts it in the largest 20% of detached houses in Alnwick, based on EPC data. The below chart shows the distribution of detached houses by size in Alnwick, and where 6 SOMERSET AVENUE lies on this distribution: 83% of detached houses are smaller than 6 SOMERSET AVENUE, and 16% of houses are larger. Note that EPC data is not available for all properties in Alnwick.

6 SOMERSET AVENUE: Plot and Title Map

6 SOMERSET AVENUE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 6 SOMERSET AVENUE, 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 SOMERSET AVENUE). 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 SOMERSET AVENUE?

6 SOMERSET AVENUE is located in PETERS MILL, in the NE66 postcode district. The below map shows the position of No. 6 on SOMERSET AVENUE.