THE MALTINGS, OVINGTON, PRUDHOE, NE42 6DH - £340,000

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 MALTINGS is a very large extended detached house of 217m², built sometime between 1976 and 1982. It was last sold for £340,000 in October 2019, which was around 32% above the average October 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

THE MALTINGS Sold Prices

Land registry data shows two sales for THE MALTINGS 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 MALTINGS 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
2019 31 OCT	£340,000	£257,560	32% above HPI
2007 15 AUG	£370,000	£262,218	41% above HPI

THE MALTINGS 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 MALTINGS sales from August 2007 and October 2019 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 2007 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the October 2019 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is THE MALTINGS?

THE MALTINGS is 217m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the largest 20% 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 MALTINGS lies on this distribution: 87% of detached houses are smaller than THE MALTINGS, and 13% of houses are larger. Note that EPC data is not available for all properties in Ovington.

THE MALTINGS: Plot and Title Map

THE MALTINGS sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of THE MALTINGS, 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 MALTINGS). 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 MALTINGS?

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