36, GREEN CLOSE, STANNINGTON, MORPETH, NE61 6PE - £315,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

36 GREEN CLOSE is a small detached house of 117m², built sometime between 1983 and 1990, which could now be worth an estimated £439,572. It was last sold for £315,000 in March 2019, which was around 22% above the average March 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was C.

36 GREEN CLOSE Sold Prices

Land registry data shows three sales for 36 GREEN CLOSE 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 36 GREEN 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
2019 29 MAR	£315,000	£257,827	22% above HPI
2004 24 AUG	£315,000	£218,396	44% above HPI
2000 19 DEC	£167,000	£105,556	58% above HPI

36 GREEN 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 three 36 GREEN CLOSE sales between December 2000 and March 2019 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 August 2004 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the March 2019 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 36 GREEN CLOSE be worth now?

36 GREEN CLOSE might now be worth an estimated £439,572.

This is based on house price inflation of 39.5%, between March 2019 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39.5% inflationary increase is applied to the most recent sale price for 36 GREEN CLOSE of £315,000 on 29th March 2019. For the value to have increased from £315,000 to £439,572 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 36 GREEN CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The March 2019 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 36 GREEN CLOSE has not materially changed since March 2019.

How Large is 36 GREEN CLOSE?

36 GREEN CLOSE is 117m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 30% of detached houses houses in Stannington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stannington, and where 36 GREEN CLOSE lies on this distribution: 29% of detached houses houses are smaller than 36 GREEN CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Stannington.

36 GREEN CLOSE: Plot and Title Map

36 GREEN CLOSE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 36 GREEN 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 36 GREEN 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 36 GREEN CLOSE?

36 GREEN CLOSE is located in STANNINGTON, in the NE61 postcode district. The below map shows the position of No. 36 on GREEN CLOSE.