4, MATHESONS GARDENS, MORPETH, NE61 1ET - £165,096

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 MATHESONS GARDENS is a small detached house of 104m², built sometime between 1983 and 1990. It was last sold for £165,096 in November 2019, which was around 35% below the average November 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

4 MATHESONS GARDENS Sold Prices

Land registry data shows two sales for 4 MATHESONS GARDENS 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. Both of the two 4 MATHESONS 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
2019 22 NOV	£165,096	£254,611	35% below HPI
2005 25 APR	£181,000	£223,104	19% below HPI

4 MATHESONS 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 two 4 MATHESONS GARDENS sales from April 2005 and November 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 April 2005 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2019 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 4 MATHESONS GARDENS?

4 MATHESONS GARDENS is 104m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 30% 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 MATHESONS GARDENS lies on this distribution: 25% of detached houses are smaller than 4 MATHESONS GARDENS, and 75% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

4 MATHESONS GARDENS: Plot and Title Map

4 MATHESONS GARDENS sits on a plot of roughly 0.015 of an acre, or 63m². The below map shows the location of 4 MATHESONS 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 4 MATHESONS 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 4 MATHESONS GARDENS?

4 MATHESONS GARDENS is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 4 on MATHESONS GARDENS.