1, ORCHARD MEWS, MORPETH, NE61 1EA - £475,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

1 ORCHARD MEWS is a midsized extended detached house of 132m², built sometime between 1996 and 2002. It was last sold for £475,000 in August 2022, which was around 50% above the average August 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

1 ORCHARD MEWS Sold Prices

Land registry data shows two sales for 1 ORCHARD MEWS 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 ORCHARD MEWS 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
2022 26 AUG	£475,000	£316,248	50% above HPI
2004 8 NOV	£360,000	£221,740	62% above HPI

1 ORCHARD MEWS 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 ORCHARD MEWS sales from November 2004 and August 2022 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 November 2004 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the August 2022 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 1 ORCHARD MEWS?

1 ORCHARD MEWS is 132m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the largest 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 ORCHARD MEWS lies on this distribution: 51% of detached houses are smaller than 1 ORCHARD MEWS, and 47% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

1 ORCHARD MEWS: Plot and Title Map

1 ORCHARD MEWS sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 1 ORCHARD MEWS, 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 ORCHARD MEWS). 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 ORCHARD MEWS?

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