2, THORNTON CLOSE, MORPETH, NE61 2XB - £275,000

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 THORNTON CLOSE is a large detached house of 171m², built sometime between 1996 and 2002. It was last sold for £275,000 in July 2009, which was around 18% above the average July 2009 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

2 THORNTON CLOSE Sold Prices

Land registry data shows two sales for 2 THORNTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 2 THORNTON CLOSE sales were for above 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
2009 1 JUL	£275,000	£233,912	18% above HPI
1996 15 NOV	£112,000	£82,093	36% above HPI

2 THORNTON 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 two 2 THORNTON CLOSE sales from November 1996 and July 2009 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 1996 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the July 2009 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 2 THORNTON CLOSE?

2 THORNTON CLOSE is 171m² according to the EPC inspection conducted in April 2009. This puts it in the largest 30% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where 2 THORNTON CLOSE lies on this distribution: 74% of detached houses are smaller than 2 THORNTON CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

2 THORNTON CLOSE: Plot and Title Map

2 THORNTON CLOSE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 2 THORNTON 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 THORNTON 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 THORNTON CLOSE?

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