BURN HOUSE, OVINGTON, PRUDHOE, NE42 6DW - £700,000

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

BURN HOUSE is a very large extended detached house of 246m², built sometime between 2007 and 2011. It was last sold for £700,000 in December 2012, which was around 201% above the average December 2012 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was C.

BURN HOUSE Sold Prices

Land registry data shows two sales for BURN 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 BURN 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
2012 14 DEC	£700,000	£232,838	201% above HPI
2007 1 JUN	£330,000	£252,727	31% above HPI

BURN 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 BURN HOUSE sales from June 2007 and December 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 June 2007 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the December 2012 sale, where it rises to 201% above the HPI. The line then continues to track at 201% above the HPI.

How Large is BURN HOUSE?

BURN HOUSE is 246m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the largest 10% of detached houses in Ovington, based on EPC data. The below chart shows the distribution of detached houses by size in Ovington, and where BURN HOUSE lies on this distribution: 94% of detached houses are smaller than BURN HOUSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Ovington.

BURN HOUSE: Plot and Title Map

BURN HOUSE sits on a plot of roughly 0.187 of an acre, or 755m². The below map shows the location of BURN 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 BURN 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 BURN HOUSE?

BURN HOUSE is located in OVINGTON, in the NE42 postcode district. The below map shows the position of BURN HOUSE in OVINGTON.