25, SOUTHGATE MEWS, MORPETH, NE61 2BW - £325,000

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

25 SOUTHGATE MEWS is a large detached house of 143m², built sometime from 2007 onwards. It was last sold for £325,000 in January 2022, which was around 11% above the average January 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

25 SOUTHGATE MEWS Sold Prices

Land registry data shows two sales for 25 SOUTHGATE MEWS 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 25 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
2022 28 JAN	£325,000	£293,648	11% above HPI
2010 10 JUN	£379,995	£241,256	58% above HPI

25 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 two 25 SOUTHGATE MEWS sales from June 2010 and January 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 June 2010 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the January 2022 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 25 SOUTHGATE MEWS?

25 SOUTHGATE MEWS is 143m² according to the EPC inspection conducted in July 2012. 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 25 SOUTHGATE MEWS lies on this distribution: 60% of detached houses are smaller than 25 SOUTHGATE MEWS, and 39% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

25 SOUTHGATE MEWS: Plot and Title Map

25 SOUTHGATE MEWS sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 25 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 25 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 25 SOUTHGATE MEWS?

25 SOUTHGATE MEWS is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 25 on SOUTHGATE MEWS.