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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

WOODVIEW COTTAGE is a large detached house of 174m², built sometime between 1996 and 2002, which could now be worth an estimated £325,929. It was last sold for £230,000 in August 2010, which was around 9% 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	£253,894	9% below HPI
1999 13 JUL	£168,000	£101,180	66% above HPI
1996 25 OCT	£30,000	£86,997	66% 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 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the August 2010 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might WOODVIEW COTTAGE be worth now?

WOODVIEW COTTAGE might now be worth an estimated £325,929.

This is based on house price inflation of 41.7%, between August 2010 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.7% inflationary increase is applied to the most recent sale price for WOODVIEW COTTAGE of £230,000 on 6th August 2010. For the value to have increased from £230,000 to £325,929 over the fifteen years and six months to February 2025, the following assumptions must hold true:

• The value of WOODVIEW COTTAGE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The August 2010 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of WOODVIEW COTTAGE has not materially changed since August 2010.

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 houses in Otterburn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Otterburn, and where WOODVIEW COTTAGE lies on this distribution: 75% of detached houses 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.