ALLEN COTTAGE, CHERRY TREE LANE, WYLAM, NE41 8AF - £275,000

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

ALLEN COTTAGE is a large extended detached house of 163m², built sometime between 1950 and 1966. It was last sold for £275,000 in March 2007, which was around 12% above the average March 2007 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

ALLEN COTTAGE Sold Prices

Land registry data shows two sales for ALLEN COTTAGE 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. One of the two ALLEN COTTAGE sales was for above the average price, whilst the other was 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
2007 9 MAR	£275,000	£245,405	12% above HPI
2002 12 JUL	£125,950	£130,334	3% below HPI

ALLEN COTTAGE 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 ALLEN COTTAGE sales from July 2002 and March 2007 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 2002 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2007 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is ALLEN COTTAGE?

ALLEN COTTAGE is 163m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the largest 30% of detached houses in Wylam, based on EPC data. The below chart shows the distribution of detached houses by size in Wylam, and where ALLEN COTTAGE lies on this distribution: 75% of detached houses are smaller than ALLEN COTTAGE, and 25% of houses are larger. Note that EPC data is not available for all properties in Wylam.

ALLEN COTTAGE: Plot and Title Map

ALLEN COTTAGE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of ALLEN COTTAGE, 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 ALLEN COTTAGE). 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 ALLEN COTTAGE?

ALLEN COTTAGE is located on CHERRY TREE LANE in WYLAM, in the NE41 postcode district. The below map shows the position of ALLEN COTTAGE on CHERRY TREE LANE.