12, SWANSFIELD, MORPETH, NE61 2AF - £232,500

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 SWANSFIELD is a very small extended detached house of 62m², built sometime between 1950 and 1966. It was last sold for £232,500 in October 2020, which was around 17% below the average October 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

12 SWANSFIELD Sold Prices

Land registry data shows three sales for 12 SWANSFIELD 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. All of the three 12 SWANSFIELD 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 19 OCT	£232,500	£279,307	17% below HPI
2018 2 OCT	£188,000	£261,980	28% below HPI
2002 19 FEB	£97,500	£117,430	17% below HPI

12 SWANSFIELD 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 SWANSFIELD sales between February 2002 and October 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 October 2018 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 12 SWANSFIELD?

12 SWANSFIELD is 62m², which includes one extension, according to the EPC inspection conducted in November 2017. 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 SWANSFIELD lies on this distribution: 2% of detached houses are smaller than 12 SWANSFIELD, and 98% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

12 SWANSFIELD: Plot and Title Map

12 SWANSFIELD sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 12 SWANSFIELD, 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 SWANSFIELD). 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 SWANSFIELD?

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