3, OGLE AVENUE, MORPETH, NE61 2PN - £315,000

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 OGLE AVENUE is a large extended detached house of 169m², built sometime between 1983 and 1990. It was last sold for £315,000 in June 2006, which was around 32% above the average June 2006 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was C.

3 OGLE AVENUE Sold Prices

Land registry data shows three sales for 3 OGLE AVENUE 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 OGLE 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
2006 15 JUN	£315,000	£237,761	32% above HPI
1998 23 JAN	£134,000	£85,948	56% above HPI
1995 4 AUG	£127,000	£80,192	58% above HPI

3 OGLE 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 three 3 OGLE AVENUE sales between August 1995 and June 2006 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 January 1998 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the June 2006 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 3 OGLE AVENUE?

3 OGLE AVENUE is 169m², which includes two extensions, according to the EPC inspection conducted in April 2024. This puts it in the largest 30% 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 OGLE AVENUE lies on this distribution: 73% of detached houses are smaller than 3 OGLE AVENUE, and 27% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

3 OGLE AVENUE: Plot and Title Map

3 OGLE AVENUE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 3 OGLE 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 OGLE 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 OGLE AVENUE?

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