22, PARK ROAD, SWARLAND, MORPETH, NE65 9JD - £465,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

22 PARK ROAD is a midsized detached house of 153m², built sometime between 1950 and 1966, which could now be worth an estimated £555,519. It was last sold for £465,000 in June 2021, which was around 54% above the average June 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was C.

22 PARK ROAD Sold Prices

Land registry data shows two sales for 22 PARK ROAD 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 22 PARK ROAD 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
2021 2 JUN	£465,000	£301,163	54% above HPI
1995 20 OCT	£102,000	£80,546	27% above HPI

22 PARK ROAD 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 22 PARK ROAD sales from October 1995 and June 2021 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 October 1995 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the June 2021 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 22 PARK ROAD be worth now?

22 PARK ROAD might now be worth an estimated £555,519.

This is based on house price inflation of 19.5%, between June 2021 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.5% inflationary increase is applied to the most recent sale price for 22 PARK ROAD of £465,000 on 2nd June 2021. For the value to have increased from £465,000 to £555,519 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 22 PARK ROAD has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The June 2021 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 22 PARK ROAD has not materially changed since June 2021.

How Large is 22 PARK ROAD?

22 PARK ROAD is 153m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 50% of detached houses houses in Swarland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swarland, and where 22 PARK ROAD lies on this distribution: 44% of detached houses houses are smaller than 22 PARK ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Swarland.

22 PARK ROAD: Plot and Title Map

22 PARK ROAD sits on a plot of roughly 1.5 acres, or 6,187m². The below map shows the location of 22 PARK ROAD, 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 22 PARK ROAD). 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 22 PARK ROAD?

22 PARK ROAD is located in SWARLAND, in the NE65 postcode district. The below map shows the position of No. 22 on PARK ROAD.