3, ABBEY GATE, MORPETH, NE61 2XL - £160,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 ABBEY GATE is a very small semi-detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £348,360. It was last sold for £160,000 in July 2003, which was around 78% above the average July 2003 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was D.

3 ABBEY GATE Sold Prices

Land registry data shows two sales for 3 ABBEY GATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 3 ABBEY GATE 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
2003 18 JUL	£160,000	£89,676	78% above HPI
1999 30 SEP	£63,400	£50,181	26% above HPI

3 ABBEY GATE 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 two 3 ABBEY GATE sales from September 1999 and July 2003 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 1999 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2003 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

What might 3 ABBEY GATE be worth now?

3 ABBEY GATE might now be worth an estimated £348,360.

This is based on house price inflation of 117.7%, between July 2003 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 117.7% inflationary increase is applied to the most recent sale price for 3 ABBEY GATE of £160,000 on 18th July 2003. For the value to have increased from £160,000 to £348,360 over the 22 years and five months to February 2025, the following assumptions must hold true:

• The value of 3 ABBEY GATE has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The July 2003 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ABBEY GATE has not materially changed since July 2003.

How Large is 3 ABBEY GATE?

3 ABBEY GATE is 79m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% 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 3 ABBEY GATE lies on this distribution: 8% of semi-detached houses houses are smaller than 3 ABBEY GATE, and 92% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

3 ABBEY GATE: Plot and Title Map

3 ABBEY GATE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 3 ABBEY GATE, 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 3 ABBEY GATE). 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 3 ABBEY GATE?

3 ABBEY GATE is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 3 on ABBEY GATE.