3, BURGHLEY GARDENS, PEGSWOOD, MORPETH, NE61 6TN - £197,000

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

3 BURGHLEY GARDENS is a large detached house of 113m², built sometime between 1996 and 2002. It was last sold for £197,000 in August 2018, which was around 25% below the average August 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

3 BURGHLEY GARDENS Sold Prices

Land registry data shows three sales for 3 BURGHLEY GARDENS 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 BURGHLEY GARDENS 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
2018 17 AUG	£197,000	£262,254	25% below HPI
2010 31 AUG	£185,000	£245,981	25% below HPI
2000 3 NOV	£96,995	£102,048	5% below HPI

3 BURGHLEY GARDENS 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 BURGHLEY GARDENS sales between November 2000 and August 2018 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 2010 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2018 sale, which was also at 25% below the HPI.

How Large is 3 BURGHLEY GARDENS?

3 BURGHLEY GARDENS is 113m² according to the EPC inspection conducted in April 2010. This puts it in the largest 30% of detached houses in Pegswood, based on EPC data. The below chart shows the distribution of detached houses by size in Pegswood, and where 3 BURGHLEY GARDENS lies on this distribution: 75% of detached houses are smaller than 3 BURGHLEY GARDENS, and 25% of houses are larger. Note that EPC data is not available for all properties in Pegswood.

3 BURGHLEY GARDENS: Plot and Title Map

3 BURGHLEY GARDENS sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 3 BURGHLEY GARDENS, 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 BURGHLEY GARDENS). 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 BURGHLEY GARDENS?

3 BURGHLEY GARDENS is located in PEGSWOOD, in the NE61 postcode district. The below map shows the position of No. 3 on BURGHLEY GARDENS.