14, FRIARS GATE, MORPETH, NE61 2AY - £205,000

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 FRIARS GATE is a small detached house of 99m², built sometime between 1967 and 1975. It was last sold for £205,000 in September 2013, which was around 13% below the average September 2013 detached price in the Northumberland local authority area. The most recent EPC inspection was December 2008, where the current energy rating was E, and the potential energy rating was D.

14 FRIARS GATE Sold Prices

Land registry data shows two sales for 14 FRIARS GATE 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 FRIARS GATE 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
2013 6 SEP	£205,000	£235,597	13% below HPI
2005 28 OCT	£198,000	£236,067	16% below HPI

14 FRIARS GATE 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 FRIARS GATE sales from October 2005 and September 2013 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 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2013 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 14 FRIARS GATE?

14 FRIARS GATE is 99m² according to the EPC inspection conducted in December 2008. This puts it in the smallest 30% 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 FRIARS GATE lies on this distribution: 21% of detached houses are smaller than 14 FRIARS GATE, and 79% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

14 FRIARS GATE: Plot and Title Map

14 FRIARS GATE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 14 FRIARS GATE, 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 FRIARS GATE). 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 FRIARS GATE?

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