140, NEWGATE STREET, MORPETH, NE61 1DD - £470,000

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

140 NEWGATE STREET is a very large extended detached house of 291m², built sometime before 1900. It was last sold for £470,000 in October 2020, which was around 68% above the average October 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was E.

140 NEWGATE STREET Sold Prices

Land registry data shows three sales for 140 NEWGATE STREET 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 140 NEWGATE STREET 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
2020 21 OCT	£470,000	£279,307	68% above HPI
2014 25 APR	£380,000	£230,749	65% above HPI
2011 24 NOV	£375,000	£234,881	60% above HPI

140 NEWGATE STREET 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 140 NEWGATE STREET sales between November 2011 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 April 2014 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the October 2020 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is 140 NEWGATE STREET?

140 NEWGATE STREET is 291m², which includes two extensions, according to the EPC inspection conducted in September 2010. This puts it in the largest 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 140 NEWGATE STREET lies on this distribution: 98% of detached houses are smaller than 140 NEWGATE STREET, and 2% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

140 NEWGATE STREET: Plot and Title Map

140 NEWGATE STREET sits on a plot of roughly 0.181 of an acre, or 731m². The below map shows the location of 140 NEWGATE STREET, 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 140 NEWGATE STREET). 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 140 NEWGATE STREET?

140 NEWGATE STREET is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 140 on NEWGATE STREET.