WOODVIEW COTTAGE, OTTERBURN, NEWCASTLE UPON TYNE, NE19 1NP - £230,000

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

WOODVIEW COTTAGE is a large detached house of 174m², built sometime between 1996 and 2002. It was last sold for £230,000 in August 2010, which was around 6% below the average August 2010 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2024, where the current energy rating was E, and the potential energy rating was D.

WOODVIEW COTTAGE Sold Prices

Land registry data shows three sales for WOODVIEW COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Two of the three WOODVIEW COTTAGE sales were for below the average price, whilst one was 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
2010 6 AUG	£230,000	£245,981	6% below HPI
1999 13 JUL	£168,000	£98,026	71% above HPI
1996 25 OCT	£30,000	£84,285	64% below HPI

WOODVIEW 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 three WOODVIEW COTTAGE sales between October 1996 and August 2010 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 July 1999 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the August 2010 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is WOODVIEW COTTAGE?

WOODVIEW COTTAGE is 174m² according to the EPC inspection conducted in June 2024. This puts it in the largest 30% of detached houses in Otterburn, based on EPC data. The below chart shows the distribution of detached houses by size in Otterburn, and where WOODVIEW COTTAGE lies on this distribution: 75% of detached houses are smaller than WOODVIEW COTTAGE, and 23% of houses are larger. Note that EPC data is not available for all properties in Otterburn.

WOODVIEW COTTAGE: Plot and Title Map

WOODVIEW COTTAGE sits on a plot of roughly 0.462 of an acre, or 1,871m². The below map shows the location of WOODVIEW 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 WOODVIEW 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 WOODVIEW COTTAGE?

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