NITHSDALE, ELM BANK ROAD, WYLAM, NE41 8HT - £650,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

NITHSDALE is a very large extended detached house of 229m², built sometime between 1900 and 1929. It was last sold for £650,000 in September 2021, which was around 124% 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.

NITHSDALE Sold Prices

Land registry data shows three sales for NITHSDALE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three NITHSDALE sales were 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
2021 24 SEP	£650,000	£290,345	124% above HPI
2010 19 NOV	£509,500	£244,970	108% above HPI
2007 26 JAN	£495,000	£246,232	101% above HPI

NITHSDALE 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 three NITHSDALE sales between January 2007 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 November 2010 sale was for 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the September 2021 sale, where it rises to 124% above the HPI. The line then continues to track at 124% above the HPI.

How Large is NITHSDALE?

NITHSDALE is 229m², which includes three extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 20% of detached houses in Wylam, based on EPC data. The below chart shows the distribution of detached houses by size in Wylam, and where NITHSDALE lies on this distribution: 87% of detached houses are smaller than NITHSDALE, and 13% of houses are larger. Note that EPC data is not available for all properties in Wylam.

NITHSDALE: Plot and Title Map

NITHSDALE sits on a plot of roughly 0.143 of an acre, or 577m². The below map shows the location of NITHSDALE, 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 NITHSDALE). 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 NITHSDALE?

NITHSDALE is located on ELM BANK ROAD in WYLAM, in the NE41 postcode district. The below map shows the position of NITHSDALE on ELM BANK ROAD.