41, DENE GARTH, OVINGHAM, PRUDHOE, NE42 6AP - £185,000

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.

41 DENE GARTH is a very small extended terraced house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £263,320. It was last sold for £185,000 in May 2018, which was around 56% above the average May 2018 terraced price in the Northumberland local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was B.

41 DENE GARTH Sold Prices

Land registry data shows two sales for 41 DENE GARTH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Northumberland local authority area for the corresponding sale date. Both of the two 41 DENE GARTH 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
2018 25 MAY	£185,000	£118,622	56% above HPI
2015 17 APR	£140,000	£108,531	29% above HPI

41 DENE GARTH Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Northumberland local authority area over time, sourced from the HPI. The two 41 DENE GARTH sales from April 2015 and May 2018 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 April 2015 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the May 2018 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 41 DENE GARTH be worth now?

41 DENE GARTH might now be worth an estimated £263,320.

This is based on house price inflation of 42.3%, between May 2018 and May 2026, for terraced 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 42.3% inflationary increase is applied to the most recent sale price for 41 DENE GARTH of £185,000 on 25th May 2018. For the value to have increased from £185,000 to £263,320 over the eight years to May 2026, the following assumptions must hold true:

• The value of 41 DENE GARTH has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The May 2018 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 41 DENE GARTH has not materially changed since May 2018.

How Large is 41 DENE GARTH?

41 DENE GARTH is 80m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% of terraced houses houses in Ovingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ovingham, and where 41 DENE GARTH lies on this distribution: 20% of terraced houses houses are smaller than 41 DENE GARTH, and 80% of houses are larger. Note that EPC data is not available for all properties in Ovingham.

41 DENE GARTH: Plot and Title Map

41 DENE GARTH sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 41 DENE GARTH, 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 41 DENE GARTH). 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 41 DENE GARTH?

41 DENE GARTH is located in OVINGHAM, in the NE42 postcode district. The below map shows the position of No. 41 on DENE GARTH.