WESLEY COTTAGE, SHIELD STREET, ALLENDALE, HEXHAM, NE47 9BP - £145,000

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

WESLEY COTTAGE is a small extended detached house of 112m², built sometime before 1900. It was last sold for £145,000 in March 2016, which was around 40% below the average March 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

WESLEY COTTAGE Sold Prices

Land registry data shows two sales for WESLEY COTTAGE 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 WESLEY COTTAGE 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 31 MAR	£145,000	£243,545	40% below HPI
1998 9 DEC	£53,000	£93,430	43% below HPI

WESLEY COTTAGE 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 WESLEY COTTAGE sales from December 1998 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 1998 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the March 2016 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is WESLEY COTTAGE?

WESLEY COTTAGE is 112m², which includes three extensions, according to the EPC inspection conducted in March 2015. This puts it in the smallest 40% of detached houses in Allendale Town, based on EPC data. The below chart shows the distribution of detached houses by size in Allendale Town, and where WESLEY COTTAGE lies on this distribution: 32% of detached houses are smaller than WESLEY COTTAGE, and 68% of houses are larger. Note that EPC data is not available for all properties in Allendale Town.

WESLEY COTTAGE: Plot and Title Map

WESLEY COTTAGE sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of WESLEY COTTAGE, 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 WESLEY COTTAGE). 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 WESLEY COTTAGE?

WESLEY COTTAGE is located on SHIELD STREET in ALLENDALE, in the NE47 postcode district. The below map shows the position of WESLEY COTTAGE on SHIELD STREET.