14, BANKSIDE, MORPETH, NE61 1XD - £137,000

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

14 BANKSIDE is a midsized extended detached house of 138m², built sometime between 1983 and 1990. It was last sold for £137,000 in December 2000, which was around 34% above the average December 2000 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

14 BANKSIDE Sold Prices

Land registry data shows two sales for 14 BANKSIDE 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 14 BANKSIDE 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
2000 15 DEC	£137,000	£102,267	34% above HPI
1996 8 AUG	£109,000	£85,675	27% above HPI

14 BANKSIDE 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 14 BANKSIDE sales from August 1996 and December 2000 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 August 1996 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the December 2000 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 14 BANKSIDE?

14 BANKSIDE is 138m², which includes two extensions, according to the EPC inspection conducted in January 2016. This puts it in the largest 50% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where 14 BANKSIDE lies on this distribution: 56% of detached houses are smaller than 14 BANKSIDE, and 43% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

14 BANKSIDE: Plot and Title Map

14 BANKSIDE sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 14 BANKSIDE, 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 14 BANKSIDE). 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 14 BANKSIDE?

14 BANKSIDE is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 14 on BANKSIDE.