IONA COTTAGE, THE WYNDING, BEADNELL, CHATHILL, NE67 5BU - £387,000

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

IONA COTTAGE is a small extended semi-detached house of 108m², built sometime before 1900. It was last sold for £387,000 in September 2021, which was around 33% above the average September 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

IONA COTTAGE Sold Prices

Land registry data shows four sales for IONA 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. two of the four IONA COTTAGE sales were for above the average price, and four 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
2021 27 SEP	£387,000	£290,345	33% above HPI
2015 16 FEB	£250,000	£234,986	6% above HPI
2005 15 JUL	£150,000	£226,792	34% below HPI
2002 14 JUN	£79,950	£125,083	36% below HPI

IONA 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 IONA COTTAGE sales between June 2002 and September 2021 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 February 2015 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2021 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is IONA COTTAGE?

IONA COTTAGE is 108m², which includes three extensions, according to the EPC inspection conducted in July 2021. This puts it in the smallest 40% of detached houses in Beadnell, based on EPC data. The below chart shows the distribution of detached houses by size in Beadnell, and where IONA COTTAGE lies on this distribution: 38% of detached houses are smaller than IONA COTTAGE, and 60% of houses are larger. Note that EPC data is not available for all properties in Beadnell.

IONA COTTAGE: Plot and Title Map

IONA COTTAGE sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of IONA 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 IONA 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 IONA COTTAGE?

IONA COTTAGE is located on THE WYNDING in BEADNELL, in the NE67 postcode district. The below map shows the position of IONA COTTAGE on THE WYNDING.