15, SPETCHELLS, PRUDHOE, NE42 5QD - £174,000

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.

15 SPETCHELLS is a very small semi-detached house of 76m², built sometime between 1996 and 2002, which could now be worth an estimated £214,196. It was last sold for £174,000 in March 2021, which was around 10% above the average March 2021 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

15 SPETCHELLS Sold Prices

Land registry data shows four sales for 15 SPETCHELLS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. All of the four 15 SPETCHELLS 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
2021 5 MAR	£174,000	£158,607	10% above HPI
2005 1 DEC	£164,950	£131,984	25% above HPI
2004 2 FEB	£138,500	£99,326	39% above HPI
1998 10 JUL	£66,950	£47,784	40% above HPI

15 SPETCHELLS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Northumberland local authority area over time, sourced from the HPI. The four 15 SPETCHELLS sales between July 1998 and March 2021 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 2005 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the March 2021 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 15 SPETCHELLS be worth now?

15 SPETCHELLS might now be worth an estimated £214,196.

This is based on house price inflation of 23.1%, between March 2021 and February 2025, for semi-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 23.1% inflationary increase is applied to the most recent sale price for 15 SPETCHELLS of £174,000 on 5th March 2021. For the value to have increased from £174,000 to £214,196 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 15 SPETCHELLS has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The March 2021 sale price of £174,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SPETCHELLS has not materially changed since March 2021.

How Large is 15 SPETCHELLS?

15 SPETCHELLS is 76m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of semi-detached houses houses in Prudhoe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Prudhoe, and where 15 SPETCHELLS lies on this distribution: 5% of semi-detached houses houses are smaller than 15 SPETCHELLS, and 95% of houses are larger. Note that EPC data is not available for all properties in Prudhoe.

15 SPETCHELLS: Plot and Title Map

15 SPETCHELLS sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 15 SPETCHELLS, 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 15 SPETCHELLS). 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 15 SPETCHELLS?

15 SPETCHELLS is located in PRUDHOE, in the NE42 postcode district. The below map shows the position of No. 15 on SPETCHELLS.