15, EGLINGHAM WAY, MORPETH, NE61 2XG - £410,000

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

15 EGLINGHAM WAY is a midsized detached house of 119m², built sometime between 1991 and 1995. It was last sold for £410,000 in July 2022, which was around 33% above the average July 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

15 EGLINGHAM WAY Sold Prices

Land registry data shows two sales for 15 EGLINGHAM 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 EGLINGHAM 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 14 JUL	£410,000	£307,775	33% above HPI
2001 15 JUN	£151,500	£110,088	38% above HPI

15 EGLINGHAM 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 EGLINGHAM WAY sales from June 2001 and July 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 June 2001 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the July 2022 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 15 EGLINGHAM WAY?

15 EGLINGHAM WAY is 119m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 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 15 EGLINGHAM WAY lies on this distribution: 40% of detached houses are smaller than 15 EGLINGHAM WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

15 EGLINGHAM WAY: Plot and Title Map

15 EGLINGHAM WAY sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 15 EGLINGHAM 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 EGLINGHAM 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 EGLINGHAM WAY?

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