2, SPETCHELLS, PRUDHOE, NE42 5QD - £135,000

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.

2 SPETCHELLS is a very small semi-detached house of 60m², built sometime between 1996 and 2002, which could now be worth an estimated £218,532. It was last sold for £135,000 in June 2013, which was around 8% above the average June 2013 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

2 SPETCHELLS Sold Prices

Land registry data shows five sales for 2 SPETCHELLS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. All of the five 2 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
2013 28 JUN	£135,000	£124,744	8% above HPI
2004 30 APR	£122,500	£102,586	19% above HPI
2004 30 APR	£122,500	£102,586	19% above HPI
2002 28 FEB	£87,000	£60,276	44% above HPI
1998 28 AUG	£56,950	£47,867	19% above HPI

What might 2 SPETCHELLS be worth now?

2 SPETCHELLS might now be worth an estimated £218,532.

This is based on house price inflation of 61.9%, between June 2013 and May 2026, 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 61.9% inflationary increase is applied to the most recent sale price for 2 SPETCHELLS of £135,000 on 28th June 2013. For the value to have increased from £135,000 to £218,532 over the thirteen years and one month to May 2026, the following assumptions must hold true:

• The value of 2 SPETCHELLS has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The June 2013 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPETCHELLS has not materially changed since June 2013.

How Large is 2 SPETCHELLS?

2 SPETCHELLS is 60m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 10% of semi-detached houses in Prudhoe, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Prudhoe, and where 2 SPETCHELLS lies on this distribution: 5% of semi-detached houses are smaller than 2 SPETCHELLS, and 95% of semi-detached houses are larger. Note that EPC data is not available for all properties in Prudhoe.

2 SPETCHELLS: Plot

2 SPETCHELLS sits on a plot of roughly 0.055 of an acre, or 221m².

Where is 2 SPETCHELLS?

2 SPETCHELLS is located in PRUDHOE, in the NE42 postcode district.