THE COTTAGE, HOGARTH HOUSE, NORTH PARADE, CHOPPINGTON, NE62 5RA - £160,000

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

THE COTTAGE is a very large detached house of 127m², built sometime between 1991 and 1995. It was last sold for £160,000 in October 2020, which was around 43% below the average October 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

THE COTTAGE Sold Prices

Land registry data shows two sales for THE 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 THE 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 9 OCT	£160,000	£279,307	43% below HPI
1999 28 MAY	£64,500	£93,402	31% below HPI

THE 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 THE COTTAGE sales from May 1999 and October 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 May 1999 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2020 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 127m² according to the EPC inspection conducted in May 2019. This puts it in the largest 20% of detached houses in Guide Post, based on EPC data. The below chart shows the distribution of detached houses by size in Guide Post, and where THE COTTAGE lies on this distribution: 81% of detached houses are smaller than THE COTTAGE, and 19% of houses are larger. Note that EPC data is not available for all properties in Guide Post.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

THE COTTAGE, HOGARTH HOUSE is located on NORTH PARADE in CHOPPINGTON, in the NE62 postcode district. The below map shows the position of THE COTTAGE, HOGARTH HOUSE on NORTH PARADE.