20, BANKSIDE, MORPETH, NE61 1XD - £124,250

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

20 BANKSIDE is a very small extended detached house of 80m², built sometime between 1983 and 1990. It was last sold for £124,250 in June 2002, which was around 1% below the average June 2002 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.

20 BANKSIDE Sold Prices

Land registry data shows three sales for 20 BANKSIDE 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 20 BANKSIDE 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
2002 18 JUN	£124,250	£125,083	1% below HPI
2002 3 MAY	£107,000	£121,392	12% below HPI
2000 25 FEB	£80,000	£95,796	16% below HPI

20 BANKSIDE 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 20 BANKSIDE sales between February 2000 and June 2002 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 2002 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2002 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 20 BANKSIDE?

20 BANKSIDE is 80m², which includes two extensions, according to the EPC inspection conducted in September 2024. This puts it in the smallest 10% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where 20 BANKSIDE lies on this distribution: 9% of detached houses are smaller than 20 BANKSIDE, and 89% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

20 BANKSIDE: Plot and Title Map

20 BANKSIDE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 20 BANKSIDE, 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 20 BANKSIDE). 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 20 BANKSIDE?

20 BANKSIDE is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 20 on BANKSIDE.