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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 LONGLEAT GARDENS is a midsized extended detached house of 95m², built sometime between 1996 and 2002, which could now be worth an estimated £322,687. It was last sold for £296,000 in July 2023, which was around 10% 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	£330,034	10% below HPI
2020 3 NOV	£154,000	£290,623	47% below HPI
2002 18 SEP	£110,000	£142,261	23% below HPI
1998 6 MAR	£76,950	£88,844	13% 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 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the July 2023 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 2 LONGLEAT GARDENS be worth now?

2 LONGLEAT GARDENS might now be worth an estimated £322,687.

This is based on house price inflation of 9%, between July 2023 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9% inflationary increase is applied to the most recent sale price for 2 LONGLEAT GARDENS of £296,000 on 25th July 2023. For the value to have increased from £296,000 to £322,687 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 2 LONGLEAT GARDENS has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The July 2023 sale price of £296,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LONGLEAT GARDENS has not materially changed since July 2023.

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 houses in Pegswood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pegswood, and where 2 LONGLEAT GARDENS lies on this distribution: 43% of detached houses houses are smaller than 2 LONGLEAT GARDENS, and 56% 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 197.1 acres, or 797,554m². 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.