2, DILSTON CLOSE, PEGSWOOD, MORPETH, NE61 6TR - £125,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 DILSTON CLOSE is a very small detached house of 53m², built sometime between 1983 and 1990. It was last sold for £125,000 in February 2023, which was around 61% below the average February 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

2 DILSTON CLOSE Sold Prices

Land registry data shows three sales for 2 DILSTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 2 DILSTON CLOSE sales were for below 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 27 FEB	£125,000	£320,757	61% below HPI
2016 4 OCT	£104,000	£249,591	58% below HPI
2007 5 NOV	£110,000	£263,282	58% below HPI

2 DILSTON CLOSE 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 three 2 DILSTON CLOSE sales between November 2007 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 2016 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the February 2023 sale, where it falls to 61% below the HPI. The line then continues to track at 61% below the HPI.

How Large is 2 DILSTON CLOSE?

2 DILSTON CLOSE is 53m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% of detached houses in Pegswood, based on EPC data. The below chart shows the distribution of detached houses by size in Pegswood, and where 2 DILSTON CLOSE lies on this distribution: 2% of detached houses are smaller than 2 DILSTON CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Pegswood.

2 DILSTON CLOSE: Plot and Title Map

2 DILSTON CLOSE sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 2 DILSTON CLOSE, 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 2 DILSTON CLOSE). 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 2 DILSTON CLOSE?

2 DILSTON CLOSE is located in PEGSWOOD, in the NE61 postcode district. The below map shows the position of No. 2 on DILSTON CLOSE.