OVERDENE COTTAGE, OVINGTON, PRUDHOE, NE42 6EF - £230,000

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

OVERDENE COTTAGE is a very small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £230,000 in November 2020, which was around 18% below the average November 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2019, where the current energy rating was E, and the potential energy rating was C.

OVERDENE COTTAGE Sold Prices

Land registry data shows two sales for OVERDENE COTTAGE since 1^st 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 OVERDENE COTTAGE 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	£230,000	£281,565	18% below HPI
1997 13 JUN	£50,000	£88,039	43% below HPI

OVERDENE 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 two OVERDENE COTTAGE sales from June 1997 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 June 1997 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the November 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is OVERDENE COTTAGE?

OVERDENE COTTAGE is 84m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses in Ovington, based on EPC data. The below chart shows the distribution of detached houses by size in Ovington, and where OVERDENE COTTAGE lies on this distribution: 4% of detached houses are smaller than OVERDENE COTTAGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Ovington.

OVERDENE COTTAGE: Plot and Title Map

OVERDENE COTTAGE sits on a plot of roughly 0.352 of an acre, or 1,426m². The below map shows the location of OVERDENE 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 OVERDENE 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 OVERDENE COTTAGE?

OVERDENE COTTAGE is located in OVINGTON, in the NE42 postcode district. The below map shows the position of OVERDENE COTTAGE in OVINGTON.