THE WEDGE, PRUDHOE STREET, ALNWICK, NE66 1PZ - £280,000

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 WEDGE is a midsized detached house of 112m², built sometime between 1983 and 1990. It was last sold for £280,000 in January 2018, which was around 11% above the average January 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

THE WEDGE Sold Prices

Land registry data shows two sales for THE WEDGE 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 WEDGE 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
2018 18 JAN	£280,000	£253,154	11% above HPI
2004 22 MAR	£225,000	£187,461	20% above HPI

THE WEDGE 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 WEDGE sales from March 2004 and January 2018 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 March 2004 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the January 2018 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is THE WEDGE?

THE WEDGE is 112m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 50% of detached houses in Alnwick, based on EPC data. The below chart shows the distribution of detached houses by size in Alnwick, and where THE WEDGE lies on this distribution: 45% of detached houses are smaller than THE WEDGE, and 55% of houses are larger. Note that EPC data is not available for all properties in Alnwick.

THE WEDGE: Plot and Title Map

THE WEDGE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of THE WEDGE, 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 WEDGE). 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 WEDGE?

THE WEDGE is located on PRUDHOE STREET in ALNWICK, in the NE66 postcode district. The below map shows the position of THE WEDGE on PRUDHOE STREET.