ASPEN BANK HOUSE, MAIN ROAD, STOCKSFIELD, NE43 7NR - £189,500

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

ASPEN BANK HOUSE is a large extended detached house of 203m², built sometime between 1900 and 1929. It was last sold for £189,500 in December 1998, which was around 103% above the average December 1998 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

ASPEN BANK HOUSE Sold Prices

Land registry data shows two sales for ASPEN BANK HOUSE 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 ASPEN BANK HOUSE 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
1998 11 DEC	£189,500	£93,430	103% above HPI
1996 23 AUG	£138,000	£85,675	61% above HPI

ASPEN BANK HOUSE 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 ASPEN BANK HOUSE sales from August 1996 and December 1998 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 August 1996 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the December 1998 sale, where it rises to 103% above the HPI. The line then continues to track at 103% above the HPI.

How Large is ASPEN BANK HOUSE?

ASPEN BANK HOUSE is 203m², which includes four extensions, according to the EPC inspection conducted in July 2015. This puts it in the largest 40% of detached houses in Stocksfield, based on EPC data. The below chart shows the distribution of detached houses by size in Stocksfield, and where ASPEN BANK HOUSE lies on this distribution: 63% of detached houses are smaller than ASPEN BANK HOUSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Stocksfield.

ASPEN BANK HOUSE: Plot and Title Map

ASPEN BANK HOUSE sits on a plot of roughly 0.264 of an acre, or 1,069m². The below map shows the location of ASPEN BANK HOUSE, 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 ASPEN BANK HOUSE). 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 ASPEN BANK HOUSE?

ASPEN BANK HOUSE is located on MAIN ROAD in STOCKSFIELD, in the NE43 postcode district. The below map shows the position of ASPEN BANK HOUSE on MAIN ROAD.