16, HORSESHOE WAY, MORPETH, NE61 2GP - £420,000

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

16 HORSESHOE WAY is a large detached house of 146m². It was last sold for £420,000 in July 2020, which was around 61% above the average July 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2018, where the current energy rating was B, and the potential energy rating was A.

16 HORSESHOE WAY Sold Prices

Land registry data shows two sales for 16 HORSESHOE 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 16 HORSESHOE 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
2020 7 JUL	£420,000	£261,110	61% above HPI
2018 25 MAY	£394,995	£258,285	53% above HPI

16 HORSESHOE 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 16 HORSESHOE WAY sales from May 2018 and July 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 May 2018 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the July 2020 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is 16 HORSESHOE WAY?

16 HORSESHOE WAY is 146m² according to the EPC inspection conducted in January 2018. 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 16 HORSESHOE WAY lies on this distribution: 63% of detached houses are smaller than 16 HORSESHOE WAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

16 HORSESHOE WAY: Plot and Title Map

16 HORSESHOE WAY sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 16 HORSESHOE 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 16 HORSESHOE 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 16 HORSESHOE WAY?

16 HORSESHOE WAY is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 16 on HORSESHOE WAY.