ROWANS, LESLIES DRIVE, OTTERBURN, NEWCASTLE UPON TYNE, NE19 1HT - £275,000

ROWANS is a very large detached house of 225m², built sometime between 1996 and 2002. It was last sold for £275,000 in September 2013, which was around 17% above the average September 2013 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

ROWANS Sold Prices

Land registry data shows three sales for ROWANS 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 ROWANS sales were for above the average price, whilst one was 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
2013 13 SEP	£275,000	£235,597	17% above HPI
2007 22 AUG	£300,000	£262,218	14% above HPI
2002 20 SEP	£50,000	£137,828	64% below HPI

ROWANS 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 ROWANS sales between September 2002 and September 2013 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 August 2007 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2013 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is ROWANS?

ROWANS is 225m² according to the EPC inspection conducted in May 2013. This puts it in the largest 20% of detached houses in Otterburn, based on EPC data. The below chart shows the distribution of detached houses by size in Otterburn, and where ROWANS lies on this distribution: 82% of detached houses are smaller than ROWANS, and 18% of houses are larger. Note that EPC data is not available for all properties in Otterburn.

ROWANS: Plot and Title Map

ROWANS sits on a plot of roughly 0.184 of an acre, or 744m². The below map shows the location of ROWANS, 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 ROWANS). 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 ROWANS?

ROWANS is located on LESLIES DRIVE in OTTERBURN, in the NE19 postcode district. The below map shows the position of ROWANS on LESLIES DRIVE.