21, ABBEY GATE, MORPETH, NE61 2XN - £245,000

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

21 ABBEY GATE is a small extended detached house of 102m², built sometime between 1950 and 1966. It was last sold for £245,000 in March 2012, which was around 9% above the average March 2012 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

21 ABBEY GATE Sold Prices

Land registry data shows three sales for 21 ABBEY GATE 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. One of the three 21 ABBEY GATE sales was for above the average price, whilst two 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
2012 1 MAR	£245,000	£225,754	9% above HPI
2007 19 MAR	£235,000	£245,405	4% below HPI
2006 12 MAY	£180,000	£235,320	24% below HPI

21 ABBEY GATE 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 21 ABBEY GATE sales between May 2006 and March 2012 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 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2012 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 21 ABBEY GATE?

21 ABBEY GATE is 102m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 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 21 ABBEY GATE lies on this distribution: 23% of detached houses are smaller than 21 ABBEY GATE, and 76% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

21 ABBEY GATE: Plot and Title Map

21 ABBEY GATE sits on a plot of roughly 0.114 of an acre, or 459m². The below map shows the location of 21 ABBEY GATE, 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 21 ABBEY GATE). 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 21 ABBEY GATE?

21 ABBEY GATE is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 21 on ABBEY GATE.