12, MAINS PLACE, MORPETH, NE61 1AG - £405,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

12 MAINS PLACE is a small extended detached house of 115m², built sometime between 1996 and 2002. It was last sold for £405,000 in May 2023, which was around 31% above the average May 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

12 MAINS PLACE Sold Prices

Land registry data shows two sales for 12 MAINS PLACE 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 MAINS PLACE sales 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
2023 19 MAY	£405,000	£309,859	31% above HPI
2000 12 OCT	£195,950	£105,746	85% above HPI

12 MAINS PLACE 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 MAINS PLACE sales from October 2000 and May 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 October 2000 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the May 2023 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 12 MAINS PLACE?

12 MAINS PLACE is 115m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 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 12 MAINS PLACE lies on this distribution: 37% of detached houses are smaller than 12 MAINS PLACE, and 62% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

12 MAINS PLACE: Plot and Title Map

12 MAINS PLACE sits on a plot of roughly 0.039 of an acre, or 160m². The below map shows the location of 12 MAINS PLACE, 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 MAINS PLACE). 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 MAINS PLACE?

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