28, GREEN CLOSE, STANNINGTON, MORPETH, NE61 6PE - £460,000

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

28 GREEN CLOSE is a very large extended detached house of 183m², built sometime between 2003 and 2006. It was last sold for £460,000 in November 2023, which was around 42% above the average November 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

28 GREEN CLOSE Sold Prices

Land registry data shows three sales for 28 GREEN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 28 GREEN CLOSE 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
2023 24 NOV	£460,000	£324,509	42% above HPI
2008 30 APR	£499,500	£261,691	91% above HPI
2002 25 SEP	£250,000	£137,828	81% above HPI

28 GREEN CLOSE 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 three 28 GREEN CLOSE sales between September 2002 and November 2023 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 April 2008 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the November 2023 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 28 GREEN CLOSE?

28 GREEN CLOSE is 183m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 10% of detached houses in Stannington, based on EPC data. The below chart shows the distribution of detached houses by size in Stannington, and where 28 GREEN CLOSE lies on this distribution: 91% of detached houses are smaller than 28 GREEN CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Stannington.

28 GREEN CLOSE: Plot and Title Map

28 GREEN CLOSE sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 28 GREEN CLOSE, 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 28 GREEN CLOSE). 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 28 GREEN CLOSE?

28 GREEN CLOSE is located in STANNINGTON, in the NE61 postcode district. The below map shows the position of No. 28 on GREEN CLOSE.