28, LOW STOBHILL, MORPETH, NE61 2SQ - £320,000

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

28 LOW STOBHILL is a small extended detached house of 112m², built sometime between 1967 and 1975. It was last sold for £320,000 in December 2023, which was around 1% below the average December 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was C.

28 LOW STOBHILL Sold Prices

Land registry data shows four sales for 28 LOW STOBHILL 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. Most of the four 28 LOW STOBHILL sales were for below 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 11 DEC	£320,000	£322,012	1% below HPI
2015 29 MAY	£273,500	£234,449	17% above HPI
2001 31 JUL	£83,000	£110,740	25% below HPI
1999 30 JUL	£71,000	£98,026	28% below HPI

28 LOW STOBHILL 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 28 LOW STOBHILL sales between July 1999 and December 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 May 2015 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the December 2023 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 28 LOW STOBHILL?

28 LOW STOBHILL is 112m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 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 28 LOW STOBHILL lies on this distribution: 31% of detached houses are smaller than 28 LOW STOBHILL, and 67% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

28 LOW STOBHILL: Plot and Title Map

28 LOW STOBHILL sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 28 LOW STOBHILL, 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 LOW STOBHILL). 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 LOW STOBHILL?

28 LOW STOBHILL is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 28 on LOW STOBHILL.