12, PETWORTH GARDENS, PEGSWOOD, MORPETH, NE61 6TL - £215,000

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 PETWORTH GARDENS is a very large detached house of 128m², built sometime between 2003 and 2006. It was last sold for £215,000 in March 2019, which was around 14% below the average March 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

12 PETWORTH GARDENS Sold Prices

Land registry data shows three sales for 12 PETWORTH GARDENS 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. Two of the three 12 PETWORTH GARDENS sales were for below the average price, whilst one was 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
2019 21 MAR	£215,000	£249,792	14% below HPI
2006 21 JUL	£182,500	£241,889	25% below HPI
1999 26 FEB	£91,450	£88,397	3% above HPI

12 PETWORTH 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 three 12 PETWORTH GARDENS sales between February 1999 and March 2019 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 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2019 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 12 PETWORTH GARDENS?

12 PETWORTH GARDENS is 128m² according to the EPC inspection conducted in September 2018. This puts it in the largest 20% 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 PETWORTH GARDENS lies on this distribution: 86% of detached houses are smaller than 12 PETWORTH GARDENS, and 14% of houses are larger. Note that EPC data is not available for all properties in Pegswood.

12 PETWORTH GARDENS: Plot and Title Map

12 PETWORTH GARDENS sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 12 PETWORTH 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 PETWORTH 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 PETWORTH GARDENS?

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