17, THE COVERS, MORPETH, NE61 2RU - £249,950

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 THE COVERS is a small extended detached house of 108m², built sometime between 1996 and 2002. It was last sold for £249,950 in July 2005, which was around 10% above the average July 2005 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was B.

17 THE COVERS Sold Prices

Land registry data shows four sales for 17 THE COVERS 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. Most of the four 17 THE COVERS 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
2005 29 JUL	£249,950	£226,792	10% above HPI
2004 10 DEC	£207,000	£219,478	6% below HPI
1998 11 SEP	£102,000	£93,862	9% above HPI
1995 20 OCT	£98,000	£78,036	26% above HPI

17 THE COVERS 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 THE COVERS sales between October 1995 and July 2005 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 December 2004 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2005 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 17 THE COVERS?

17 THE COVERS is 108m², which includes one extension, according to the EPC inspection conducted in September 2024. This puts it in the smallest 30% 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 THE COVERS lies on this distribution: 27% of detached houses are smaller than 17 THE COVERS, and 71% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

17 THE COVERS: Plot and Title Map

17 THE COVERS sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 17 THE COVERS, 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 THE COVERS). 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 THE COVERS?

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