THE GRANARY, OVINGTON, PRUDHOE, NE42 6DH - £395,000

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 GRANARY is a very large detached house of 321m², built sometime between 1900 and 1929. It was last sold for £395,000 in February 2017, which was around 60% above the average February 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was C.

THE GRANARY Sold Prices

Land registry data shows two sales for THE GRANARY 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 GRANARY 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
2017 17 FEB	£395,000	£247,381	60% above HPI
2001 31 AUG	£221,000	£114,093	94% above HPI

THE GRANARY 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 GRANARY sales from August 2001 and February 2017 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 94% above the HPI. So the extrapolation line tracks at 94% above the HPI over time, until the February 2017 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is THE GRANARY?

THE GRANARY is 321m² according to the EPC inspection conducted in August 2013. This puts it in the largest 10% of detached houses in Ovington, based on EPC data. The below chart shows the distribution of detached houses by size in Ovington, and where THE GRANARY lies on this distribution: 98% of detached houses are smaller than THE GRANARY, and 2% of houses are larger. Note that EPC data is not available for all properties in Ovington.

THE GRANARY: Plot and Title Map

THE GRANARY sits on a plot of roughly 0.228 of an acre, or 924m². The below map shows the location of THE GRANARY, 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 GRANARY). 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 GRANARY?

THE GRANARY is located in OVINGTON, in the NE42 postcode district. The below map shows the position of THE GRANARY in OVINGTON.