3, SWEETHOPE DENE, MORPETH, NE61 2DZ - £275,000

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 SWEETHOPE DENE is a very small detached house of 71m², built sometime between 1976 and 1982. It was last sold for £275,000 in August 2018, which was around 5% above the average August 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

3 SWEETHOPE DENE Sold Prices

Land registry data shows three sales for 3 SWEETHOPE DENE 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. One of the three 3 SWEETHOPE DENE sales was for above the average price, whilst two 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 21 AUG	£275,000	£262,254	5% above HPI
2016 16 SEP	£218,000	£253,705	14% below HPI
1997 22 AUG	£83,000	£88,954	7% below HPI

3 SWEETHOPE DENE 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 SWEETHOPE DENE sales between August 1997 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 September 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2018 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 3 SWEETHOPE DENE?

3 SWEETHOPE DENE is 71m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 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 SWEETHOPE DENE lies on this distribution: 3% of detached houses are smaller than 3 SWEETHOPE DENE, and 96% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

3 SWEETHOPE DENE: Plot and Title Map

3 SWEETHOPE DENE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 3 SWEETHOPE DENE, 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 SWEETHOPE DENE). 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 SWEETHOPE DENE?

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