1, SOUTHGATE WOOD, MORPETH, NE61 2EN - £600,000

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 SOUTHGATE WOOD is a very large detached house of 185m², built sometime between 1983 and 1990. It was last sold for £600,000 in October 2016, which was around 140% above the average October 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was C.

1 SOUTHGATE WOOD Sold Prices

Land registry data shows two sales for 1 SOUTHGATE WOOD 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 SOUTHGATE WOOD 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
2016 12 OCT	£600,000	£249,591	140% above HPI
2012 19 OCT	£485,000	£236,018	105% above HPI

1 SOUTHGATE WOOD 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 SOUTHGATE WOOD sales from October 2012 and October 2016 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 October 2012 sale was for 105% above the HPI. So the extrapolation line tracks at 105% above the HPI over time, until the October 2016 sale, where it rises to 140% above the HPI. The line then continues to track at 140% above the HPI.

How Large is 1 SOUTHGATE WOOD?

1 SOUTHGATE WOOD is 185m² according to the EPC inspection conducted in April 2016. This puts it in the largest 20% 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 SOUTHGATE WOOD lies on this distribution: 82% of detached houses are smaller than 1 SOUTHGATE WOOD, and 18% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

1 SOUTHGATE WOOD: Plot and Title Map

1 SOUTHGATE WOOD sits on a plot of roughly 0.220 of an acre, or 891m². The below map shows the location of 1 SOUTHGATE WOOD, 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 SOUTHGATE WOOD). 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 SOUTHGATE WOOD?

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