ROSEMOUNT, ELM BANK ROAD, WYLAM, NE41 8HT - £630,000

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

ROSEMOUNT is a very large extended detached house of 309m², built sometime between 1900 and 1929. It was last sold for £630,000 in December 2007, which was around 141% above the average December 2007 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

ROSEMOUNT Sold Prices

Land registry data shows two sales for ROSEMOUNT 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 ROSEMOUNT 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
2007 7 DEC	£630,000	£261,896	141% above HPI
1998 10 JUL	£222,000	£91,039	144% above HPI

ROSEMOUNT 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 ROSEMOUNT sales from July 1998 and December 2007 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 July 1998 sale was for 144% above the HPI. So the extrapolation line tracks at 144% above the HPI over time, until the December 2007 sale, where it falls to 141% above the HPI. The line then continues to track at 141% above the HPI.

How Large is ROSEMOUNT?

ROSEMOUNT is 309m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 10% of detached houses in Wylam, based on EPC data. The below chart shows the distribution of detached houses by size in Wylam, and where ROSEMOUNT lies on this distribution: 92% of detached houses are smaller than ROSEMOUNT, and 8% of houses are larger. Note that EPC data is not available for all properties in Wylam.

ROSEMOUNT: Plot and Title Map

ROSEMOUNT sits on a plot of roughly 0.241 of an acre, or 975m². The below map shows the location of ROSEMOUNT, 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 ROSEMOUNT). 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 ROSEMOUNT?

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