24, KINGSWELL, MORPETH, NE61 2TZ - £375,000

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

24 KINGSWELL is a large extended detached house of 158m², built sometime between 1991 and 1995. It was last sold for £375,000 in February 2020, which was around 47% above the average February 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

24 KINGSWELL Sold Prices

Land registry data shows four sales for 24 KINGSWELL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four 24 KINGSWELL 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
2020 7 FEB	£375,000	£255,356	47% above HPI
2001 8 JUN	£168,000	£110,088	53% above HPI
1999 16 JUL	£130,000	£98,026	33% above HPI
1995 1 SEP	£111,500	£79,968	39% above HPI

24 KINGSWELL 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 four 24 KINGSWELL sales between September 1995 and February 2020 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 June 2001 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the February 2020 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 24 KINGSWELL?

24 KINGSWELL is 158m², which includes one extension, according to the EPC inspection conducted in August 2019. 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 24 KINGSWELL lies on this distribution: 69% of detached houses are smaller than 24 KINGSWELL, and 31% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

24 KINGSWELL: Plot and Title Map

24 KINGSWELL sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 24 KINGSWELL, 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 24 KINGSWELL). 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 24 KINGSWELL?

24 KINGSWELL is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 24 on KINGSWELL.