5, THE PETH, WOOLER, NE71 6NB - £106,630

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.

5 THE PETH is a large extended detached house of 142m², built sometime between 1930 and 1949, which could now be worth an estimated £142,984. It was last sold for £106,630 in March 2020, which was around 60% below the average March 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

5 THE PETH Sold Prices

Land registry data shows three sales for 5 THE PETH 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. All of the three 5 THE PETH sales were for below 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
2020 13 MAR	£106,630	£268,215	60% below HPI
2011 16 MAR	£95,000	£244,173	61% below HPI
2008 15 MAY	£200,000	£271,813	26% below HPI

5 THE PETH 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 5 THE PETH sales between May 2008 and March 2020 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 March 2011 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the March 2020 sale, where it rises to 60% below the HPI. The line then continues to track at 60% below the HPI.

What might 5 THE PETH be worth now?

5 THE PETH might now be worth an estimated £142,984.

This is based on house price inflation of 34.1%, between March 2020 and April 2026, 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 34.1% inflationary increase is applied to the most recent sale price for 5 THE PETH of £106,630 on 13th March 2020. For the value to have increased from £106,630 to £142,984 over the five years and eleven months to April 2026, the following assumptions must hold true:

• The value of 5 THE PETH has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The March 2020 sale price of £106,630 represented a fair market value for the property.
• The size, condition, and specification of 5 THE PETH has not materially changed since March 2020.

How Large is 5 THE PETH?

5 THE PETH is 142m², which includes three extensions, according to the EPC inspection conducted in December 2019. This puts it in the largest 40% of detached houses houses in Wooler, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wooler, and where 5 THE PETH lies on this distribution: 69% of detached houses houses are smaller than 5 THE PETH, and 31% of houses are larger. Note that EPC data is not available for all properties in Wooler.

5 THE PETH: Plot and Title Map

5 THE PETH sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 5 THE PETH, 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 5 THE PETH). 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 5 THE PETH?

5 THE PETH is located in WOOLER, in the NE71 postcode district. The below map shows the position of No. 5 on THE PETH.