4, BRACKEN RIDGE, LANCASTER PARK, MORPETH, NE61 3SY - £340,000

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

4 BRACKEN RIDGE is a midsized extended detached house of 129m², built sometime between 1967 and 1975. It was last sold for £340,000 in June 2021, which was around 17% above the average June 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was C.

4 BRACKEN RIDGE Sold Prices

Land registry data shows three sales for 4 BRACKEN RIDGE 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 4 BRACKEN RIDGE 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
2021 21 JUN	£340,000	£291,776	17% above HPI
2001 18 JUL	£129,000	£110,740	16% above HPI
1997 27 MAR	£92,000	£84,788	9% above HPI

4 BRACKEN RIDGE 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 4 BRACKEN RIDGE sales between March 1997 and June 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 July 2001 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2021 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 4 BRACKEN RIDGE?

4 BRACKEN RIDGE is 129m², which includes two extensions, according to the EPC inspection conducted in December 2020. This puts it in the largest 50% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where 4 BRACKEN RIDGE lies on this distribution: 50% of detached houses are smaller than 4 BRACKEN RIDGE, and 50% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

4 BRACKEN RIDGE: Plot and Title Map

4 BRACKEN RIDGE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 4 BRACKEN RIDGE, 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 4 BRACKEN RIDGE). 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 4 BRACKEN RIDGE?

4 BRACKEN RIDGE is located in LANCASTER PARK, in the NE61 postcode district. The below map shows the position of No. 4 on BRACKEN RIDGE.