3, KINGS AVENUE, MORPETH, NE61 1HX - £895,000

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 KINGS AVENUE is a very large extended detached house of 283m², built sometime before 1900. It was last sold for £895,000 in November 2022, which was around 174% above the average November 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

3 KINGS AVENUE Sold Prices

Land registry data shows two sales for 3 KINGS AVENUE 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 KINGS AVENUE 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 28 NOV	£895,000	£326,218	174% above HPI
2017 8 SEP	£439,000	£258,029	70% above HPI

3 KINGS AVENUE 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 KINGS AVENUE sales from September 2017 and November 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 2017 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the November 2022 sale, where it rises to 174% above the HPI. The line then continues to track at 174% above the HPI.

How Large is 3 KINGS AVENUE?

3 KINGS AVENUE is 283m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 10% 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 KINGS AVENUE lies on this distribution: 98% of detached houses are smaller than 3 KINGS AVENUE, and 2% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

3 KINGS AVENUE: Plot and Title Map

3 KINGS AVENUE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 3 KINGS AVENUE, 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 KINGS AVENUE). 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 KINGS AVENUE?

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