17, BANKSIDE, MORPETH, NE61 1XD - £418,000

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

17 BANKSIDE is a very large extended detached house of 255m², built sometime between 1983 and 1990. It was last sold for £418,000 in April 2019, which was around 67% above the average April 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was D.

17 BANKSIDE Sold Prices

Land registry data shows four sales for 17 BANKSIDE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four 17 BANKSIDE 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
2019 8 APR	£418,000	£250,076	67% above HPI
2012 18 MAY	£420,000	£226,420	85% above HPI
2008 4 JAN	£420,000	£261,685	60% above HPI
2003 25 APR	£250,000	£149,980	67% above HPI

17 BANKSIDE 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 four 17 BANKSIDE sales between April 2003 and April 2019 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 2012 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the April 2019 sale, where it falls to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is 17 BANKSIDE?

17 BANKSIDE is 255m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the largest 10% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where 17 BANKSIDE lies on this distribution: 97% of detached houses are smaller than 17 BANKSIDE, and 3% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

17 BANKSIDE: Plot and Title Map

17 BANKSIDE sits on a plot of roughly 0.168 of an acre, or 680m². The below map shows the location of 17 BANKSIDE, 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 17 BANKSIDE). 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 17 BANKSIDE?

17 BANKSIDE is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 17 on BANKSIDE.