3, ACOMB CLOSE, MORPETH, NE61 2YH - £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

3 ACOMB CLOSE is a midsized detached house of 126m², built sometime between 1996 and 2002. It was last sold for £460,000 in June 2024, which was around 37% above the average June 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

3 ACOMB CLOSE Sold Prices

Land registry data shows three sales for 3 ACOMB 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 3 ACOMB 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
2024 28 JUN	£460,000	£336,953	37% above HPI
2015 6 AUG	£347,000	£247,742	40% above HPI
2001 21 FEB	£156,000	£104,051	50% above HPI

3 ACOMB 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 3 ACOMB CLOSE sales between February 2001 and June 2024 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 August 2015 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the June 2024 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 3 ACOMB CLOSE?

3 ACOMB CLOSE is 126m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 50% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where 3 ACOMB CLOSE lies on this distribution: 48% of detached houses are smaller than 3 ACOMB CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

3 ACOMB CLOSE: Plot and Title Map

3 ACOMB CLOSE sits on a plot of roughly 0.174 of an acre, or 704m². The below map shows the location of 3 ACOMB 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 3 ACOMB 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 3 ACOMB CLOSE?

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