2, LONGLEAT GARDENS, PEGSWOOD, MORPETH, NE61 6TQ - £296,000

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 LONGLEAT GARDENS is a midsized extended detached house of 95m², built sometime between 1996 and 2002. It was last sold for £296,000 in July 2023, which was around 7% below the average July 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

2 LONGLEAT GARDENS Sold Prices

Land registry data shows four sales for 2 LONGLEAT GARDENS 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 2 LONGLEAT 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
2023 25 JUL	£296,000	£319,748	7% below HPI
2020 3 NOV	£154,000	£281,565	45% below HPI
2002 18 SEP	£110,000	£137,828	20% below HPI
1998 6 MAR	£76,950	£86,075	11% below HPI

2 LONGLEAT 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 four 2 LONGLEAT GARDENS sales between March 1998 and July 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 November 2020 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2023 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 2 LONGLEAT GARDENS?

2 LONGLEAT GARDENS is 95m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 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 LONGLEAT GARDENS lies on this distribution: 43% of detached houses are smaller than 2 LONGLEAT GARDENS, and 57% of houses are larger. Note that EPC data is not available for all properties in Pegswood.

2 LONGLEAT GARDENS: Plot and Title Map

2 LONGLEAT GARDENS sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 2 LONGLEAT 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 LONGLEAT 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 LONGLEAT GARDENS?

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