LINDEN HOUSE, ELDON SQUARE, WARK, HEXHAM, NE48 3LH - £185,000

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

LINDEN HOUSE is a very small extended detached house of 113m², built sometime before 1900. It was last sold for £185,000 in January 2021, which was around 35% below the average January 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was December 2012, where the current energy rating was E, and the potential energy rating was C.

LINDEN HOUSE Sold Prices

Land registry data shows four sales for LINDEN HOUSE 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 LINDEN 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
2021 19 JAN	£185,000	£283,795	35% below HPI
2012 21 MAY	£115,000	£226,420	49% below HPI
2004 19 JUL	£195,000	£205,747	5% below HPI
1999 22 JUL	£88,000	£98,026	10% below HPI

LINDEN 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 four LINDEN HOUSE sales between July 1999 and January 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 May 2012 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the January 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is LINDEN HOUSE?

LINDEN HOUSE is 113m², which includes one extension, according to the EPC inspection conducted in December 2012. This puts it in the smallest 20% of detached houses in Wark, based on EPC data. The below chart shows the distribution of detached houses by size in Wark, and where LINDEN HOUSE lies on this distribution: 16% of detached houses are smaller than LINDEN HOUSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Wark.

LINDEN HOUSE: Plot and Title Map

LINDEN HOUSE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of LINDEN 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 LINDEN 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 LINDEN HOUSE?

LINDEN HOUSE is located on ELDON SQUARE in WARK, in the NE48 postcode district. The below map shows the position of LINDEN HOUSE on ELDON SQUARE.