1, HIGH HOUSE CLOSE, MORPETH, NE61 2BL - £495,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 HIGH HOUSE CLOSE is a large detached house of 158m², built sometime between 1976 and 1982. It was last sold for £495,000 in December 2017, which was around 94% above the average December 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

1 HIGH HOUSE CLOSE Sold Prices

Land registry data shows two sales for 1 HIGH HOUSE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 1 HIGH HOUSE 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 18 DEC	£495,000	£255,103	94% above HPI
2015 10 JUL	£420,000	£240,522	75% above HPI

1 HIGH HOUSE 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 two 1 HIGH HOUSE CLOSE sales from July 2015 and December 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 July 2015 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the December 2017 sale, where it rises to 94% above the HPI. The line then continues to track at 94% above the HPI.

How Large is 1 HIGH HOUSE CLOSE?

1 HIGH HOUSE CLOSE is 158m² according to the EPC inspection conducted in May 2016. This puts it in the largest 40% 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 HIGH HOUSE CLOSE lies on this distribution: 69% of detached houses are smaller than 1 HIGH HOUSE CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

1 HIGH HOUSE CLOSE: Plot and Title Map

1 HIGH HOUSE CLOSE sits on a plot of roughly 1.1 acres, or 4,326m². The below map shows the location of 1 HIGH HOUSE 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 HIGH HOUSE 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 HIGH HOUSE CLOSE?

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