4, GREEN CLOSE, STANNINGTON, MORPETH, NE61 6PE - £450,000

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

4 GREEN CLOSE is a large extended detached house of 168m², built sometime between 1991 and 1995. It was last sold for £450,000 in September 2020, which was around 65% above the average September 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was C.

4 GREEN CLOSE Sold Prices

Land registry data shows three sales for 4 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 4 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
2020 17 SEP	£450,000	£272,280	65% above HPI
2014 14 MAR	£445,000	£231,455	92% above HPI
2007 20 APR	£470,000	£246,515	91% above HPI

4 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 4 GREEN CLOSE sales between April 2007 and September 2020 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 2014 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the September 2020 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 4 GREEN CLOSE?

4 GREEN CLOSE is 168m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the largest 30% of detached houses in Stannington, based on EPC data. The below chart shows the distribution of detached houses by size in Stannington, and where 4 GREEN CLOSE lies on this distribution: 76% of detached houses are smaller than 4 GREEN CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Stannington.

4 GREEN CLOSE: Plot and Title Map

4 GREEN CLOSE sits on a plot of roughly 0.178 of an acre, or 720m². The below map shows the location of 4 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 4 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 4 GREEN CLOSE?

4 GREEN CLOSE is located in STANNINGTON, in the NE61 postcode district. The below map shows the position of No. 4 on GREEN CLOSE.