SOUTHLANDS, WYLAM WOOD ROAD, WYLAM, NE41 8HZ - £1,200,000

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

SOUTHLANDS is a very large extended detached house of 428m², built sometime between 1900 and 1929. It was last sold for £1,200,000 in April 2014, which was around 420% above the average April 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2010, where the current energy rating was F, and the potential energy rating was E.

SOUTHLANDS Sold Prices

Land registry data shows two sales for SOUTHLANDS 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 SOUTHLANDS 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
2014 17 APR	£1,200,000	£230,749	420% above HPI
1998 15 MAY	£375,000	£88,908	322% above HPI

SOUTHLANDS 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 SOUTHLANDS sales from May 1998 and April 2014 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 May 1998 sale was for 322% above the HPI. So the extrapolation line tracks at 322% above the HPI over time, until the April 2014 sale, where it rises to 420% above the HPI. The line then continues to track at 420% above the HPI.

How Large is SOUTHLANDS?

SOUTHLANDS is 428m², which includes one extension, according to the EPC inspection conducted in January 2010. 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 SOUTHLANDS lies on this distribution: More than 99% of detached houses are smaller than SOUTHLANDS, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Wylam.

SOUTHLANDS: Plot and Title Map

SOUTHLANDS sits on a plot of roughly 3.0 acres, or 12,257m². The below map shows the location of SOUTHLANDS, 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 SOUTHLANDS). 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 SOUTHLANDS?

SOUTHLANDS is located on WYLAM WOOD ROAD in WYLAM, in the NE41 postcode district. The below map shows the position of SOUTHLANDS on WYLAM WOOD ROAD.