HILL VIEW, LESLIES DRIVE, OTTERBURN, NEWCASTLE UPON TYNE, NE19 1HT - £240,000

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.

HILL VIEW is a small detached house of 102m², built sometime between 2003 and 2006, which could now be worth an estimated £320,874. It was last sold for £240,000 in September 2019, which was around 11% below the average September 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2019, where the current energy rating was E, and the potential energy rating was D.

HILL VIEW Sold Prices

Land registry data shows two sales for HILL VIEW 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 HILL VIEW sales was for below the average price, whilst the other was 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
2019 3 SEP	£240,000	£269,107	11% below HPI
2004 23 JUN	£249,500	£204,636	22% above HPI

HILL VIEW 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 HILL VIEW sales from June 2004 and September 2019 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 2004 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the September 2019 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might HILL VIEW be worth now?

HILL VIEW might now be worth an estimated £320,874.

This is based on house price inflation of 33.7%, between September 2019 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 33.7% inflationary increase is applied to the most recent sale price for HILL VIEW of £240,000 on 3rd September 2019. For the value to have increased from £240,000 to £320,874 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of HILL VIEW has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The September 2019 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of HILL VIEW has not materially changed since September 2019.

How Large is HILL VIEW?

HILL VIEW is 102m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 30% of detached houses houses in Otterburn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Otterburn, and where HILL VIEW lies on this distribution: 30% of detached houses houses are smaller than HILL VIEW, and 68% of houses are larger. Note that EPC data is not available for all properties in Otterburn.

HILL VIEW: Plot and Title Map

HILL VIEW sits on a plot of roughly 0.176 of an acre, or 713m². The below map shows the location of HILL VIEW, 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 HILL VIEW). 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 HILL VIEW?

HILL VIEW is located on LESLIES DRIVE in OTTERBURN, in the NE19 postcode district. The below map shows the position of HILL VIEW on LESLIES DRIVE.