1, SPRINGWOOD, SWARLAND, MORPETH, NE65 9QS - £330,000

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 SPRINGWOOD is a very small detached house of 100m², built sometime between 1983 and 1990. It was last sold for £330,000 in September 2018, which was around 25% above the average September 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

1 SPRINGWOOD Sold Prices

Land registry data shows three sales for 1 SPRINGWOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 1 SPRINGWOOD 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
2018 26 SEP	£330,000	£264,749	25% above HPI
2005 8 DEC	£335,000	£232,388	44% above HPI
2001 20 APR	£217,000	£104,000	109% above HPI

1 SPRINGWOOD 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 three 1 SPRINGWOOD sales between April 2001 and September 2018 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 December 2005 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the September 2018 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 1 SPRINGWOOD?

1 SPRINGWOOD is 100m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of detached houses in Swarland, based on EPC data. The below chart shows the distribution of detached houses by size in Swarland, and where 1 SPRINGWOOD lies on this distribution: 8% of detached houses are smaller than 1 SPRINGWOOD, and 92% of houses are larger. Note that EPC data is not available for all properties in Swarland.

1 SPRINGWOOD: Plot and Title Map

1 SPRINGWOOD sits on a plot of roughly 0.498 of an acre, or 2,017m². The below map shows the location of 1 SPRINGWOOD, 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 SPRINGWOOD). 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 SPRINGWOOD?

1 SPRINGWOOD is located in SWARLAND, in the NE65 postcode district. The below map shows the position of No. 1 on SPRINGWOOD.