OTTODINI, LILY BANK, WALLSEND, NE28 7NX - £298,000

OTTODINI is a very large extended detached house of 167m², built sometime between 1930 and 1949. It was last sold for £298,000 in November 2006, which was around 24% above the average November 2006 detached price in the North Tyneside local authority area. The most recent EPC inspection was April 2018, where the current energy rating was F, and the potential energy rating was D.

OTTODINI Sold Prices

Land registry data shows two sales for OTTODINI since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two OTTODINI 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
2006 27 NOV	£298,000	£240,524	24% above HPI
1997 28 APR	£130,000	£76,023	71% above HPI

OTTODINI Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two OTTODINI sales from April 1997 and November 2006 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 1997 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the November 2006 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is OTTODINI?

OTTODINI is 167m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 10% of detached houses in Wallsend, based on EPC data. The below chart shows the distribution of detached houses by size in Wallsend, and where OTTODINI lies on this distribution: 99% of detached houses are smaller than OTTODINI, and 1% of houses are larger. Note that EPC data is not available for all properties in Wallsend.

OTTODINI: Plot and Title Map

OTTODINI sits on a plot of roughly 0.182 of an acre, or 738m². The below map shows the location of OTTODINI, 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 OTTODINI). 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 OTTODINI?

OTTODINI is located on LILY BANK in WALLSEND, in the NE28 postcode district. The below map shows the position of OTTODINI on LILY BANK.