4, DENE CLOSE, FELTON, MORPETH, NE65 9DH - £362,500

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.

4 DENE CLOSE is a small detached house of 96m², built sometime from 2007 onwards, which could now be worth an estimated £397,630. It was last sold for £362,500 in August 2022, which was around 11% above the average August 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

4 DENE CLOSE Sold Prices

Land registry data shows two sales for 4 DENE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. One of the two 4 DENE CLOSE sales was for above the average price, whilst the other was 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
2022 31 AUG	£362,500	£328,002	11% above HPI
2016 31 MAR	£240,000	£251,380	5% below HPI

4 DENE 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 two 4 DENE CLOSE sales from March 2016 and August 2022 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 March 2016 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2022 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 4 DENE CLOSE be worth now?

4 DENE CLOSE might now be worth an estimated £397,630.

This is based on house price inflation of 9.7%, between August 2022 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 9.7% inflationary increase is applied to the most recent sale price for 4 DENE CLOSE of £362,500 on 31st August 2022. For the value to have increased from £362,500 to £397,630 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 4 DENE CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The August 2022 sale price of £362,500 represented a fair market value for the property.
• The size, condition, and specification of 4 DENE CLOSE has not materially changed since August 2022.

How Large is 4 DENE CLOSE?

4 DENE CLOSE is 96m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 30% of detached houses houses in Felton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Felton, and where 4 DENE CLOSE lies on this distribution: 22% of detached houses houses are smaller than 4 DENE CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Felton.

4 DENE CLOSE: Plot and Title Map

4 DENE CLOSE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 4 DENE 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 4 DENE 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 4 DENE CLOSE?

4 DENE CLOSE is located in FELTON, in the NE65 postcode district. The below map shows the position of No. 4 on DENE CLOSE.