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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

140 NEWGATE STREET is a very large extended detached house of 291m², built sometime before 1900, which could now be worth an estimated £586,561. It was last sold for £470,000 in October 2020, which was around 63% 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	£288,292	63% above HPI
2014 25 APR	£380,000	£238,172	60% above HPI
2011 24 NOV	£375,000	£242,437	55% 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 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the October 2020 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might 140 NEWGATE STREET be worth now?

140 NEWGATE STREET might now be worth an estimated £586,561.

This is based on house price inflation of 24.8%, between October 2020 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.8% inflationary increase is applied to the most recent sale price for 140 NEWGATE STREET of £470,000 on 21st October 2020. For the value to have increased from £470,000 to £586,561 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 140 NEWGATE STREET has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The October 2020 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 140 NEWGATE STREET has not materially changed since October 2020.

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 houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morpeth, and where 140 NEWGATE STREET lies on this distribution: 98% of detached houses 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.