1, CHATHILL CLOSE, MORPETH, NE61 2TH - £335,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 CHATHILL CLOSE is a midsized extended detached house of 127m², built sometime between 1983 and 1990. It was last sold for £335,000 in February 2017, which was around 35% above the average February 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

1 CHATHILL CLOSE Sold Prices

Land registry data shows four sales for 1 CHATHILL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four 1 CHATHILL CLOSE 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
2017 14 FEB	£335,000	£247,381	35% above HPI
2013 18 JAN	£325,000	£223,852	45% above HPI
2003 30 MAY	£249,950	£155,513	61% above HPI
2001 23 NOV	£172,000	£114,357	50% above HPI

1 CHATHILL CLOSE 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 four 1 CHATHILL CLOSE sales between November 2001 and February 2017 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 January 2013 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the February 2017 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 1 CHATHILL CLOSE?

1 CHATHILL CLOSE is 127m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the smallest 50% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where 1 CHATHILL CLOSE lies on this distribution: 49% of detached houses are smaller than 1 CHATHILL CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

1 CHATHILL CLOSE: Plot and Title Map

1 CHATHILL CLOSE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 1 CHATHILL CLOSE, 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 1 CHATHILL CLOSE). 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 1 CHATHILL CLOSE?

1 CHATHILL CLOSE is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 1 on CHATHILL CLOSE.