21, SOUTHGATE MEWS, MORPETH, NE61 2BW - £445,000

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 SOUTHGATE MEWS is a large detached house of 145m², built sometime between 2003 and 2006. It was last sold for £445,000 in February 2023, which was around 39% above the average February 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

21 SOUTHGATE MEWS Sold Prices

Land registry data shows three sales for 21 SOUTHGATE MEWS 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 21 SOUTHGATE MEWS 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
2023 27 FEB	£445,000	£320,757	39% above HPI
2018 20 FEB	£335,000	£257,745	30% above HPI
2008 31 JAN	£429,995	£261,685	64% above HPI

21 SOUTHGATE MEWS 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 SOUTHGATE MEWS sales between January 2008 and February 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 February 2018 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the February 2023 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 21 SOUTHGATE MEWS?

21 SOUTHGATE MEWS is 145m² according to the EPC inspection conducted in March 2014. This puts it in the largest 40% 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 SOUTHGATE MEWS lies on this distribution: 62% of detached houses are smaller than 21 SOUTHGATE MEWS, and 38% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

21 SOUTHGATE MEWS: Plot and Title Map

21 SOUTHGATE MEWS sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 21 SOUTHGATE MEWS, 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 SOUTHGATE MEWS). 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 SOUTHGATE MEWS?

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