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
21 SOUTHGATE WOOD is a very large extended detached house of 211m², built sometime between 1991 and 1995. It was last sold for £725,023 in April 2022, which was around 142% above the average April 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 21 SOUTHGATE WOOD since 1st 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 21 SOUTHGATE WOOD 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 |
---|---|---|---|
2022 20 APR | £725,023 | £299,246 | 142% above HPI |
2001 18 DEC | £395,000 | £116,335 | 240% above HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 21 SOUTHGATE WOOD sales from December 2001 and April 2022 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 December 2001 sale was for 240% above the HPI. So the extrapolation line tracks at 240% above the HPI over time, until the April 2022 sale, where it falls to 142% above the HPI. The line then continues to track at 142% above the HPI.
21 SOUTHGATE WOOD is 211m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 20% 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 WOOD lies on this distribution: 89% of detached houses are smaller than 21 SOUTHGATE WOOD, and 11% of houses are larger. Note that EPC data is not available for all properties in Morpeth.
21 SOUTHGATE WOOD sits on a plot of roughly 0.368 of an acre, or 1,488m². The below map shows the location of 21 SOUTHGATE WOOD, 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 WOOD). 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.
21 SOUTHGATE WOOD is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 21 on SOUTHGATE WOOD.