2, PETWORTH GARDENS, PEGSWOOD, MORPETH, NE61 6TL - £159,950

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 PETWORTH GARDENS is a small detached house of 89m², built sometime between 1996 and 2002. It was last sold for £159,950 in September 2014, which was around 33% below the average September 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

2 PETWORTH GARDENS Sold Prices

Land registry data shows three sales for 2 PETWORTH 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 PETWORTH 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
2014 12 SEP	£159,950	£237,933	33% below HPI
2007 23 MAR	£175,000	£245,405	29% below HPI
1998 27 NOV	£79,450	£95,268	17% below HPI

2 PETWORTH 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 PETWORTH GARDENS sales between November 1998 and September 2014 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 March 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2014 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 2 PETWORTH GARDENS?

2 PETWORTH GARDENS is 89m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% 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 PETWORTH GARDENS lies on this distribution: 33% of detached houses are smaller than 2 PETWORTH GARDENS, and 66% of houses are larger. Note that EPC data is not available for all properties in Pegswood.

2 PETWORTH GARDENS: Plot and Title Map

2 PETWORTH GARDENS sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 2 PETWORTH 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 PETWORTH 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 PETWORTH GARDENS?

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