11, NORTH FARM, PEGSWOOD VILLAGE, PEGSWOOD, MORPETH, NE61 6RE - £229,950

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

11 NORTH FARM is a very large detached house of 197m², built sometime between 2003 and 2006. It was last sold for £229,950 in May 2017, which was around 8% below the average May 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

11 NORTH FARM Sold Prices

Land registry data shows four sales for 11 NORTH FARM 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. two of the four 11 NORTH FARM sales were for below the average price, and four 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 5 MAY	£229,950	£249,321	8% below HPI
2017 2 MAY	£235,000	£249,321	6% below HPI
2012 22 JUN	£240,000	£227,349	6% above HPI
2007 9 NOV	£280,000	£263,282	6% above HPI

11 NORTH FARM 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 11 NORTH FARM sales between November 2007 and May 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 May 2017 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2017 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 11 NORTH FARM?

11 NORTH FARM is 197m² according to the EPC inspection conducted in February 2009. This puts it in the largest 10% of detached houses in Pegswood, based on EPC data. The below chart shows the distribution of detached houses by size in Pegswood, and where 11 NORTH FARM lies on this distribution: 98% of detached houses are smaller than 11 NORTH FARM, and 2% of houses are larger. Note that EPC data is not available for all properties in Pegswood.

11 NORTH FARM: Plot and Title Map

11 NORTH FARM sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 11 NORTH FARM, 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 11 NORTH FARM). 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 11 NORTH FARM?

11 NORTH FARM is located on PEGSWOOD VILLAGE in PEGSWOOD, in the NE61 postcode district. The below map shows the position of 11 NORTH FARM on PEGSWOOD VILLAGE.