12, ABBEY GATE, MORPETH, NE61 2XJ - £235,000

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

12 ABBEY GATE is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £235,000 in May 2021, which was around 17% below the average May 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

12 ABBEY GATE Sold Prices

Land registry data shows two sales for 12 ABBEY GATE 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 12 ABBEY GATE 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
2021 14 MAY	£235,000	£283,349	17% below HPI
1996 16 MAY	£65,500	£80,928	19% below HPI

12 ABBEY GATE 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 12 ABBEY GATE sales from May 1996 and May 2021 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 1996 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 12 ABBEY GATE?

12 ABBEY GATE is 76m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 10% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where 12 ABBEY GATE lies on this distribution: 6% of detached houses are smaller than 12 ABBEY GATE, and 93% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

12 ABBEY GATE: Plot and Title Map

12 ABBEY GATE sits on a plot of roughly 0.152 of an acre, or 613m². The below map shows the location of 12 ABBEY GATE, 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 12 ABBEY GATE). 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 12 ABBEY GATE?

12 ABBEY GATE is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 12 on ABBEY GATE.