GARDEN COTTAGE, OVINGTON, PRUDHOE, NE42 6DH - £260,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

GARDEN COTTAGE is a very small extended detached house of 69m², built sometime before 1900. It was last sold for £260,000 in November 2020, which was around 8% below the average November 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2010, where the current energy rating was G, and the potential energy rating was F.

GARDEN COTTAGE Sold Prices

Land registry data shows four sales for GARDEN COTTAGE since 1^st 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 GARDEN COTTAGE 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
2020 20 NOV	£260,000	£281,565	8% below HPI
2015 20 NOV	£235,000	£246,479	5% below HPI
2010 28 JUL	£185,000	£244,137	24% below HPI
1995 6 FEB	£20,750	£81,986	75% below HPI

GARDEN 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 four GARDEN COTTAGE sales between February 1995 and November 2020 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 November 2015 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is GARDEN COTTAGE?

GARDEN COTTAGE is 69m², which includes two extensions, according to the EPC inspection conducted in April 2010. This puts it in the smallest 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 GARDEN COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than GARDEN COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Ovington.

GARDEN COTTAGE: Plot and Title Map

GARDEN COTTAGE sits on a plot of roughly 0.031 of an acre, or 124m². The below map shows the location of GARDEN 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 GARDEN 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 GARDEN COTTAGE?

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