2, HAREWOOD GARDENS, PEGSWOOD, MORPETH, NE61 6TG - £168,000

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 HAREWOOD GARDENS is a midsized detached house of 103m², built sometime between 1996 and 2002. It was last sold for £168,000 in May 2013, which was around 26% below the average May 2013 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

2 HAREWOOD GARDENS Sold Prices

Land registry data shows three sales for 2 HAREWOOD GARDENS 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 HAREWOOD GARDENS 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
2013 31 MAY	£168,000	£227,873	26% below HPI
1999 25 MAY	£76,000	£93,402	19% below HPI
1996 15 NOV	£74,950	£82,093	9% below HPI

2 HAREWOOD GARDENS 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 HAREWOOD GARDENS sales between November 1996 and May 2013 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 1999 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2013 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 HAREWOOD GARDENS?

2 HAREWOOD GARDENS is 103m² according to the EPC inspection conducted in September 2010. This puts it in the largest 50% 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 HAREWOOD GARDENS lies on this distribution: 60% of detached houses are smaller than 2 HAREWOOD GARDENS, and 40% of houses are larger. Note that EPC data is not available for all properties in Pegswood.

2 HAREWOOD GARDENS: Plot and Title Map

2 HAREWOOD GARDENS sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 2 HAREWOOD GARDENS, 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 HAREWOOD GARDENS). 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 HAREWOOD GARDENS?

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