THE EMMS, OTTERBURN, NEWCASTLE UPON TYNE, NE19 1NP - £278,000

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

THE EMMS is a small extended detached house of 99m², built sometime between 1983 and 1990. It was last sold for £278,000 in February 2021, which was around 2% below the average February 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

THE EMMS Sold Prices

Land registry data shows two sales for THE EMMS 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 EMMS 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
2021 26 FEB	£278,000	£283,940	2% below HPI
2006 4 AUG	£225,000	£242,168	7% below HPI

THE EMMS 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 EMMS sales from August 2006 and February 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 August 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is THE EMMS?

THE EMMS is 99m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 30% of detached houses in Otterburn, based on EPC data. The below chart shows the distribution of detached houses by size in Otterburn, and where THE EMMS lies on this distribution: 28% of detached houses are smaller than THE EMMS, and 73% of houses are larger. Note that EPC data is not available for all properties in Otterburn.

THE EMMS: Plot and Title Map

THE EMMS sits on a plot of roughly 0.347 of an acre, or 1,404m². The below map shows the location of THE EMMS, 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 EMMS). 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 EMMS?

THE EMMS is located in OTTERBURN, in the NE19 postcode district. The below map shows the position of THE EMMS in OTTERBURN.