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
INA HOUSE is a small extended detached house of 107m², built sometime before 1900. It was last sold for £218,000 in November 2020, which was around 23% below the average November 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for INA HOUSE since 1st 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 INA HOUSE 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 13 NOV | £218,000 | £281,565 | 23% below HPI |
2010 12 JUL | £150,000 | £244,137 | 39% below HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two INA HOUSE sales from July 2010 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 July 2010 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2020 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.
INA HOUSE is 107m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the smallest 40% of detached houses in Gilsland, based on EPC data. The below chart shows the distribution of detached houses by size in Gilsland, and where INA HOUSE lies on this distribution: 38% of detached houses are smaller than INA HOUSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Gilsland.
INA HOUSE sits on a plot of roughly 0.269 of an acre, or 1,090m². The below map shows the location of INA 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 INA 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.
INA HOUSE is located in GILSLAND, in the CA8 postcode district. The below map shows the position of INA HOUSE in GILSLAND.