15, ASPEN WAY, MORPETH, NE61 3BF - £540,000

15 ASPEN WAY is a very large detached house of 206m². It was last sold for £540,000 in November 2022, which was around 66% above the average November 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2016, where the current energy rating was B, and the potential energy rating was B.

15 ASPEN WAY Sold Prices

Land registry data shows two sales for 15 ASPEN WAY 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 15 ASPEN WAY 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
2022 29 NOV	£540,000	£326,218	66% above HPI
2016 11 NOV	£484,995	£251,069	93% above HPI

15 ASPEN WAY 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 15 ASPEN WAY sales from November 2016 and November 2022 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 November 2016 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the November 2022 sale, where it falls to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is 15 ASPEN WAY?

15 ASPEN WAY is 206m² according to the EPC inspection conducted in January 2016. This puts it in the largest 10% of detached houses in Fair Moor, based on EPC data. The below chart shows the distribution of detached houses by size in Fair Moor, and where 15 ASPEN WAY lies on this distribution: 92% of detached houses are smaller than 15 ASPEN WAY, and 4% of houses are larger. Note that EPC data is not available for all properties in Fair Moor.

15 ASPEN WAY: Plot and Title Map

15 ASPEN WAY sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 15 ASPEN WAY, 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 15 ASPEN WAY). 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 15 ASPEN WAY?

15 ASPEN WAY is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 15 on ASPEN WAY.