15, SWEETHOPE DENE, MORPETH, NE61 2DZ - £530,000

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 SWEETHOPE DENE is a large detached house of 157m², built sometime between 1983 and 1990. It was last sold for £530,000 in February 2023, which was around 65% above the average February 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was C.

15 SWEETHOPE DENE Sold Prices

Land registry data shows two sales for 15 SWEETHOPE DENE 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 SWEETHOPE DENE 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
2023 3 FEB	£530,000	£320,757	65% above HPI
2013 21 OCT	£300,000	£234,263	28% above HPI

15 SWEETHOPE DENE 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 SWEETHOPE DENE sales from October 2013 and February 2023 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 2013 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the February 2023 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 15 SWEETHOPE DENE?

15 SWEETHOPE DENE is 157m² according to the EPC inspection conducted in July 2022. This puts it in the largest 40% 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 SWEETHOPE DENE lies on this distribution: 68% of detached houses are smaller than 15 SWEETHOPE DENE, and 32% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

15 SWEETHOPE DENE: Plot and Title Map

15 SWEETHOPE DENE sits on a plot of roughly 0.321 of an acre, or 1,298m². The below map shows the location of 15 SWEETHOPE DENE, 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 SWEETHOPE DENE). 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 SWEETHOPE DENE?

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