11, THE PASTURES, MORPETH, NE61 2AH - £305,000

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

11 THE PASTURES is a large extended detached house of 156m², built sometime between 1950 and 1966. It was last sold for £305,000 in September 2023, which was around 7% below the average September 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was C.

11 THE PASTURES Sold Prices

Land registry data shows three sales for 11 THE PASTURES 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 11 THE PASTURES sales were for below 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
2023 1 SEP	£305,000	£328,413	7% below HPI
2009 17 JUL	£200,000	£233,912	14% below HPI
1999 15 JUN	£88,000	£95,555	8% below HPI

11 THE PASTURES 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 11 THE PASTURES sales between June 1999 and September 2023 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 2009 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2023 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 11 THE PASTURES?

11 THE PASTURES is 156m², which includes two extensions, according to the EPC inspection conducted in July 2023. 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 11 THE PASTURES lies on this distribution: 68% of detached houses are smaller than 11 THE PASTURES, and 32% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

11 THE PASTURES: Plot and Title Map

11 THE PASTURES sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 11 THE PASTURES, 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 THE PASTURES). 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 THE PASTURES?

11 THE PASTURES is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 11 on THE PASTURES.