MODEL COTTAGE, MAIN ROAD, OVINGHAM, PRUDHOE, NE42 6AG - £337,500

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.

MODEL COTTAGE is a very large extended semi-detached house of 185m², built sometime before 1900, which could now be worth an estimated £481,809. It was last sold for £337,500 in March 2019, which was around 145% above the average March 2019 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

MODEL COTTAGE Sold Prices

Land registry data shows two sales for MODEL COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. One of the two MODEL COTTAGE sales was for above the average price, whilst the other was 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
2019 27 MAR	£337,500	£137,506	145% above HPI
2006 15 AUG	£100,000	£138,330	28% below HPI

MODEL COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Northumberland local authority area over time, sourced from the HPI. The two MODEL COTTAGE sales from August 2006 and March 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 August 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2019 sale, where it rises to 145% above the HPI. The line then continues to track at 145% above the HPI.

What might MODEL COTTAGE be worth now?

MODEL COTTAGE might now be worth an estimated £481,809.

This is based on house price inflation of 42.8%, between March 2019 and July 2025, for semi-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 42.8% inflationary increase is applied to the most recent sale price for MODEL COTTAGE of £337,500 on 27th March 2019. For the value to have increased from £337,500 to £481,809 over the five years and eight months to July 2025, the following assumptions must hold true:

• The value of MODEL COTTAGE has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The March 2019 sale price of £337,500 represented a fair market value for the property.
• The size, condition, and specification of MODEL COTTAGE has not materially changed since March 2019.

How Large is MODEL COTTAGE?

MODEL COTTAGE is 185m², which includes three extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 20% of semi-detached houses houses in Ovingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ovingham, and where MODEL COTTAGE lies on this distribution: 80% of semi-detached houses houses are smaller than MODEL COTTAGE, and 20% of houses are larger. Note that EPC data is not available for all properties in Ovingham.

MODEL COTTAGE: Plot and Title Map

MODEL COTTAGE sits on a plot of roughly 0.198 of an acre, or 802m². The below map shows the location of MODEL 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 MODEL 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 MODEL COTTAGE?

MODEL COTTAGE is located on MAIN ROAD in OVINGHAM, in the NE42 postcode district. The below map shows the position of MODEL COTTAGE on MAIN ROAD.