THE SHEILING, OTTERBURN, NEWCASTLE UPON TYNE, NE19 1HA - £160,000

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 SHEILING is a very small detached house of 89m², built sometime between 1950 and 1966. It was last sold for £160,000 in March 2016, which was around 34% below the average March 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was B.

THE SHEILING Sold Prices

Land registry data shows two sales for THE SHEILING 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 SHEILING 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
2016 1 MAR	£160,000	£243,545	34% below HPI
1996 10 DEC	£77,000	£82,280	6% below HPI

THE SHEILING 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 SHEILING sales from December 1996 and March 2016 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 December 1996 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2016 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is THE SHEILING?

THE SHEILING is 89m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% 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 SHEILING lies on this distribution: 18% of detached houses are smaller than THE SHEILING, and 83% of houses are larger. Note that EPC data is not available for all properties in Otterburn.

THE SHEILING: Plot and Title Map

THE SHEILING sits on a plot of roughly 0.279 of an acre, or 1,129m². The below map shows the location of THE SHEILING, 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 SHEILING). 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 SHEILING?

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