31, BURGHLEY GARDENS, PEGSWOOD, MORPETH, NE61 6TN - £225,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

31 BURGHLEY GARDENS is a large extended detached house of 111m², built sometime between 1996 and 2002. It was last sold for £225,000 in March 2021, which was around 20% below the average March 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.

31 BURGHLEY GARDENS Sold Prices

Land registry data shows three sales for 31 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 31 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
2021 1 MAR	£225,000	£282,544	20% below HPI
2013 31 MAY	£185,000	£227,873	19% below HPI
2002 5 JUL	£105,995	£130,334	19% below HPI

31 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 31 BURGHLEY GARDENS sales between July 2002 and March 2021 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 May 2013 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 31 BURGHLEY GARDENS?

31 BURGHLEY GARDENS is 111m², which includes one extension, according to the EPC inspection conducted in July 2012. 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 31 BURGHLEY GARDENS lies on this distribution: 71% of detached houses are smaller than 31 BURGHLEY GARDENS, and 28% of houses are larger. Note that EPC data is not available for all properties in Pegswood.

31 BURGHLEY GARDENS: Plot and Title Map

31 BURGHLEY GARDENS sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 31 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 31 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 31 BURGHLEY GARDENS?

31 BURGHLEY GARDENS is located in PEGSWOOD, in the NE61 postcode district. The below map shows the position of No. 31 on BURGHLEY GARDENS.