7, HEATHER LEA LANE, PRUDHOE, NE42 5QR - £350,000

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

7 HEATHER LEA LANE is a large extended detached house of 133m², built sometime between 1996 and 2002. It was last sold for £350,000 in March 2023, which was around 11% above the average March 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

7 HEATHER LEA LANE Sold Prices

Land registry data shows three sales for 7 HEATHER LEA LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 7 HEATHER LEA LANE 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 30 MAR	£350,000	£315,492	11% above HPI
2014 14 NOV	£247,000	£236,823	4% above HPI
2000 17 MAY	£125,995	£102,643	23% above HPI

7 HEATHER LEA LANE 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 three 7 HEATHER LEA LANE sales between May 2000 and March 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 November 2014 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2023 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 7 HEATHER LEA LANE?

7 HEATHER LEA LANE is 133m², which includes one extension, according to the EPC inspection conducted in December 2022. 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 7 HEATHER LEA LANE lies on this distribution: 70% of detached houses are smaller than 7 HEATHER LEA LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Prudhoe.

7 HEATHER LEA LANE: Plot and Title Map

7 HEATHER LEA LANE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 7 HEATHER LEA LANE, 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 7 HEATHER LEA LANE). 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 7 HEATHER LEA LANE?

7 HEATHER LEA LANE is located in PRUDHOE, in the NE42 postcode district. The below map shows the position of No. 7 on HEATHER LEA LANE.