23, SOUTHGATE MEWS, MORPETH, NE61 2BW - £285,000

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.

23 SOUTHGATE MEWS is a midsized semi-detached house of 126m², which could now be worth an estimated £386,523. It was last sold for £285,000 in September 2019, which was around 98% above the average September 2019 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

23 SOUTHGATE MEWS Sold Prices

Land registry data shows three sales for 23 SOUTHGATE MEWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. All of the three 23 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
2019 25 SEP	£285,000	£143,964	98% above HPI
2014 19 SEP	£290,000	£131,911	120% above HPI
2008 26 SEP	£250,000	£138,502	81% above HPI

23 SOUTHGATE MEWS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 23 SOUTHGATE MEWS sales between September 2008 and September 2019 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 September 2014 sale was for 120% above the HPI. So the extrapolation line tracks at 120% above the HPI over time, until the September 2019 sale, where it falls to 98% above the HPI. The line then continues to track at 98% above the HPI.

What might 23 SOUTHGATE MEWS be worth now?

23 SOUTHGATE MEWS might now be worth an estimated £386,523.

This is based on house price inflation of 35.6%, between September 2019 and February 2025, for semi-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 35.6% inflationary increase is applied to the most recent sale price for 23 SOUTHGATE MEWS of £285,000 on 25th September 2019. For the value to have increased from £285,000 to £386,523 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 23 SOUTHGATE MEWS has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The September 2019 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 23 SOUTHGATE MEWS has not materially changed since September 2019.

How Large is 23 SOUTHGATE MEWS?

23 SOUTHGATE MEWS is 126m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% of semi-detached houses houses in Morpeth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Morpeth, and where 23 SOUTHGATE MEWS lies on this distribution: 48% of semi-detached houses houses are smaller than 23 SOUTHGATE MEWS, and 51% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

23 SOUTHGATE MEWS: Plot and Title Map

23 SOUTHGATE MEWS sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 23 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 23 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 23 SOUTHGATE MEWS?

23 SOUTHGATE MEWS is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 23 on SOUTHGATE MEWS.