12, FELTON CLOSE, MORPETH, NE61 2TG - £240,000

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 FELTON CLOSE is a very small extended detached house of 60m², built sometime between 1976 and 1982. It was last sold for £240,000 in June 2020, which was around 7% below the average June 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

12 FELTON CLOSE Sold Prices

Land registry data shows two sales for 12 FELTON CLOSE 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 FELTON CLOSE 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
2020 1 JUN	£240,000	£259,207	7% below HPI
1998 5 JAN	£63,000	£85,948	27% below HPI

12 FELTON CLOSE 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 FELTON CLOSE sales from January 1998 and June 2020 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 January 1998 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2020 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 12 FELTON CLOSE?

12 FELTON CLOSE is 60m², which includes one extension, according to the EPC inspection conducted in February 2020. 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 FELTON CLOSE lies on this distribution: 1% of detached houses are smaller than 12 FELTON CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

12 FELTON CLOSE: Plot and Title Map

12 FELTON CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 12 FELTON CLOSE, 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 FELTON CLOSE). 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 FELTON CLOSE?

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