TEMPERANCE COTTAGE, STOCKSFIELD, NE43 7NQ - £220,000

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

TEMPERANCE COTTAGE is a very small extended detached house of 114m², built sometime before 1900. It was last sold for £220,000 in November 2003, which was around 16% above the average November 2003 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

TEMPERANCE COTTAGE Sold Prices

Land registry data shows four sales for TEMPERANCE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four TEMPERANCE COTTAGE 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
2003 12 NOV	£220,000	£189,023	16% above HPI
2001 10 AUG	£145,000	£114,093	27% above HPI
2000 28 JAN	£120,000	£98,341	22% above HPI
1996 19 APR	£106,000	£79,022	34% above HPI

TEMPERANCE 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 four TEMPERANCE COTTAGE sales between April 1996 and November 2003 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 August 2001 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the November 2003 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is TEMPERANCE COTTAGE?

TEMPERANCE COTTAGE is 114m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% of detached houses in Stocksfield, based on EPC data. The below chart shows the distribution of detached houses by size in Stocksfield, and where TEMPERANCE COTTAGE lies on this distribution: 19% of detached houses are smaller than TEMPERANCE COTTAGE, and 81% of houses are larger. Note that EPC data is not available for all properties in Stocksfield.

TEMPERANCE COTTAGE: Plot and Title Map

TEMPERANCE COTTAGE sits on a plot of roughly 0.184 of an acre, or 746m². The below map shows the location of TEMPERANCE 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 TEMPERANCE 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 TEMPERANCE COTTAGE?

TEMPERANCE COTTAGE is located in STOCKSFIELD, in the NE43 postcode district. The below map shows the position of TEMPERANCE COTTAGE in STOCKSFIELD.