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
8 THE COPPICE is a very small detached house of 97m², built sometime between 2003 and 2006. It was last sold for £267,500 in November 2012, which was around 15% above the average November 2012 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 8 THE COPPICE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four 8 THE COPPICE 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 |
---|---|---|---|
2012 30 NOV | £267,500 | £231,739 | 15% above HPI |
2010 20 APR | £249,950 | £244,564 | 2% above HPI |
2003 30 MAY | £205,000 | £155,513 | 32% above HPI |
2002 25 JUL | £151,000 | £130,334 | 16% above HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The four 8 THE COPPICE sales between July 2002 and November 2012 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 April 2010 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2012 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.
8 THE COPPICE is 97m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 20% of detached houses in Hipsburn, based on EPC data. The below chart shows the distribution of detached houses by size in Hipsburn, and where 8 THE COPPICE lies on this distribution: 15% of detached houses are smaller than 8 THE COPPICE, and 85% of houses are larger. Note that EPC data is not available for all properties in Hipsburn.
8 THE COPPICE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 8 THE COPPICE, 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 8 THE COPPICE). 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.
8 THE COPPICE is located in LESBURY, in the NE66 postcode district. The below map shows the position of No. 8 on THE COPPICE.