PENDLECRAG, HIGHFIELD LANE, PRUDHOE, NE42 6EY - £292,500

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

PENDLECRAG is a small extended detached house of 103m², built sometime between 1930 and 1949. It was last sold for £292,500 in November 2021, which was about the average November 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2017, where the current energy rating was E, and the potential energy rating was B.

PENDLECRAG Sold Prices

Land registry data shows two sales for PENDLECRAG 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. One of the two PENDLECRAG sales was roughly equal to 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
2021 30 NOV	£292,500	£292,739	Close to HPI
2000 21 JUN	£91,000	£100,013	9% below HPI

PENDLECRAG 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 PENDLECRAG sales from June 2000 and November 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 June 2000 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is PENDLECRAG?

PENDLECRAG is 103m², which includes three extensions, according to the EPC inspection conducted in November 2017. This puts it in the smallest 40% of detached houses in Prudhoe, based on EPC data. The below chart shows the distribution of detached houses by size in Prudhoe, and where PENDLECRAG lies on this distribution: 36% of detached houses are smaller than PENDLECRAG, and 63% of houses are larger. Note that EPC data is not available for all properties in Prudhoe.

PENDLECRAG: Plot and Title Map

PENDLECRAG sits on a plot of roughly 0.150 of an acre, or 606m². The below map shows the location of PENDLECRAG, 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 PENDLECRAG). 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 PENDLECRAG?

PENDLECRAG is located on HIGHFIELD LANE in PRUDHOE, in the NE42 postcode district. The below map shows the position of PENDLECRAG on HIGHFIELD LANE.