WILLOW LODGE, LESLIES DRIVE, OTTERBURN, NEWCASTLE UPON TYNE, NE19 1HT - £250,000

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

WILLOW LODGE is a very large detached house of 262m². It was last sold for £250,000 in August 2015, which was around 1% above the average August 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was C.

WILLOW LODGE Sold Prices

Land registry data shows two sales for WILLOW LODGE 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 WILLOW LODGE 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
2015 12 AUG	£250,000	£247,742	1% above HPI
2008 15 FEB	£370,000	£256,903	44% above HPI

WILLOW LODGE 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 WILLOW LODGE sales from February 2008 and August 2015 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 February 2008 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the August 2015 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is WILLOW LODGE?

WILLOW LODGE is 262m² according to the EPC inspection conducted in June 2016. This puts it in the largest 10% of detached houses in Otterburn, based on EPC data. The below chart shows the distribution of detached houses by size in Otterburn, and where WILLOW LODGE lies on this distribution: 95% of detached houses are smaller than WILLOW LODGE, and 5% of houses are larger. Note that EPC data is not available for all properties in Otterburn.

WILLOW LODGE: Plot and Title Map

WILLOW LODGE sits on a plot of roughly 0.348 of an acre, or 1,407m². The below map shows the location of WILLOW LODGE, 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 WILLOW LODGE). 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 WILLOW LODGE?

WILLOW LODGE is located on LESLIES DRIVE in OTTERBURN, in the NE19 postcode district. The below map shows the position of WILLOW LODGE on LESLIES DRIVE.