8, WELL DEAN, PRUDHOE, NE42 5QQ - £250,000

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.

8 WELL DEAN is a very small extended detached house of 86m², built sometime between 1996 and 2002, which could now be worth an estimated £266,581. It was last sold for £250,000 in November 2022, which was around 26% below the average November 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

8 WELL DEAN Sold Prices

Land registry data shows two sales for 8 WELL DEAN 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 8 WELL DEAN 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
2022 25 NOV	£250,000	£337,411	26% below HPI
1998 31 JUL	£78,995	£93,968	16% below HPI

8 WELL DEAN 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 8 WELL DEAN sales from July 1998 and November 2022 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 July 1998 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2022 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 8 WELL DEAN be worth now?

8 WELL DEAN might now be worth an estimated £266,581.

This is based on house price inflation of 6.6%, between November 2022 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 6.6% inflationary increase is applied to the most recent sale price for 8 WELL DEAN of £250,000 on 25th November 2022. For the value to have increased from £250,000 to £266,581 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 WELL DEAN has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The November 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WELL DEAN has not materially changed since November 2022.

How Large is 8 WELL DEAN?

8 WELL DEAN is 86m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% of detached houses houses in Prudhoe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Prudhoe, and where 8 WELL DEAN lies on this distribution: 12% of detached houses houses are smaller than 8 WELL DEAN, and 88% of houses are larger. Note that EPC data is not available for all properties in Prudhoe.

8 WELL DEAN: Plot and Title Map

8 WELL DEAN sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 8 WELL DEAN, 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 WELL DEAN). 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 8 WELL DEAN?

8 WELL DEAN is located in PRUDHOE, in the NE42 postcode district. The below map shows the position of No. 8 on WELL DEAN.