12, CROOME GARDENS, PEGSWOOD, MORPETH, NE61 6TP - £220,000

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

12 CROOME GARDENS is a small extended detached house of 90m², built sometime between 1996 and 2002. It was last sold for £220,000 in June 2021, which was around 25% below the average June 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

12 CROOME GARDENS Sold Prices

Land registry data shows two sales for 12 CROOME GARDENS 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 CROOME GARDENS 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 25 JUN	£220,000	£291,776	25% below HPI
2002 1 MAR	£93,995	£116,971	20% below HPI

12 CROOME GARDENS 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 CROOME GARDENS sales from March 2002 and June 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 March 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 12 CROOME GARDENS?

12 CROOME GARDENS is 90m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 40% of detached houses in Pegswood, based on EPC data. The below chart shows the distribution of detached houses by size in Pegswood, and where 12 CROOME GARDENS lies on this distribution: 36% of detached houses are smaller than 12 CROOME GARDENS, and 63% of houses are larger. Note that EPC data is not available for all properties in Pegswood.

12 CROOME GARDENS: Plot and Title Map

12 CROOME GARDENS sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 12 CROOME GARDENS, 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 CROOME GARDENS). 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 CROOME GARDENS?

12 CROOME GARDENS is located in PEGSWOOD, in the NE61 postcode district. The below map shows the position of No. 12 on CROOME GARDENS.