40, LOW STOBHILL, MORPETH, NE61 2SQ - £235,000

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

40 LOW STOBHILL is a very small extended detached house of 72m², built sometime between 1976 and 1982. It was last sold for £235,000 in July 2016, which was around 6% below the average July 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

40 LOW STOBHILL Sold Prices

Land registry data shows two sales for 40 LOW STOBHILL 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 40 LOW STOBHILL 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
2016 26 JUL	£235,000	£248,789	6% below HPI
2009 30 JUL	£168,000	£233,912	28% below HPI

40 LOW STOBHILL 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 40 LOW STOBHILL sales from July 2009 and July 2016 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 2009 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2016 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 40 LOW STOBHILL?

40 LOW STOBHILL is 72m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where 40 LOW STOBHILL lies on this distribution: 4% of detached houses are smaller than 40 LOW STOBHILL, and 95% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

40 LOW STOBHILL: Plot and Title Map

40 LOW STOBHILL sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 40 LOW STOBHILL, 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 40 LOW STOBHILL). 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 40 LOW STOBHILL?

40 LOW STOBHILL is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 40 on LOW STOBHILL.