18, RECTORY PARK, MORPETH, NE61 2SZ - £338,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

18 RECTORY PARK is a large extended detached house of 177m², built sometime between 1950 and 1966. It was last sold for £338,000 in February 2006, which was around 47% above the average February 2006 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was C.

18 RECTORY PARK Sold Prices

Land registry data shows two sales for 18 RECTORY PARK 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 18 RECTORY PARK 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
2006 17 FEB	£338,000	£229,789	47% above HPI
1995 20 APR	£143,000	£82,157	74% above HPI

18 RECTORY PARK 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 18 RECTORY PARK sales from April 1995 and February 2006 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 April 1995 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the February 2006 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 18 RECTORY PARK?

18 RECTORY PARK is 177m², which includes two extensions, according to the EPC inspection conducted in May 2024. This puts it in the largest 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 18 RECTORY PARK lies on this distribution: 77% of detached houses are smaller than 18 RECTORY PARK, and 23% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

18 RECTORY PARK: Plot and Title Map

18 RECTORY PARK sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of 18 RECTORY PARK, 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 18 RECTORY PARK). 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 18 RECTORY PARK?

18 RECTORY PARK is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 18 on RECTORY PARK.