3, CHATTON CLOSE, MORPETH, NE61 2YP - £408,500

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

3 CHATTON CLOSE is a midsized detached house of 120m², built sometime between 2003 and 2006. It was last sold for £408,500 in April 2022, which was around 37% above the average April 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

3 CHATTON CLOSE Sold Prices

Land registry data shows two sales for 3 CHATTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 3 CHATTON 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
2022 20 APR	£408,500	£298,085	37% above HPI
2000 4 SEP	£147,500	£107,230	38% above HPI

3 CHATTON 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 two 3 CHATTON CLOSE sales from September 2000 and April 2022 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 2000 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the April 2022 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 3 CHATTON CLOSE?

3 CHATTON CLOSE is 120m² according to the EPC inspection conducted in October 2021. 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 CHATTON CLOSE lies on this distribution: 41% of detached houses are smaller than 3 CHATTON CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

3 CHATTON CLOSE: Plot and Title Map

3 CHATTON CLOSE sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of 3 CHATTON 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 CHATTON 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 CHATTON CLOSE?

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