41, MATHESONS GARDENS, MORPETH, NE61 1ET - £169,950

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

41 MATHESONS GARDENS is a very small semi-detached house of 82m², built sometime between 1991 and 1995. It was last sold for £169,950 in February 2016, which was around 30% below the average February 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

41 MATHESONS GARDENS Sold Prices

Land registry data shows three sales for 41 MATHESONS GARDENS 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 41 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
2016 26 FEB	£169,950	£241,164	30% below HPI
2015 8 SEP	£169,999	£251,501	32% below HPI
1995 20 OCT	£64,000	£78,036	18% below HPI

41 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 three 41 MATHESONS GARDENS sales between October 1995 and February 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 September 2015 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2016 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 41 MATHESONS GARDENS?

41 MATHESONS GARDENS is 82m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where 41 MATHESONS GARDENS lies on this distribution: 11% of detached houses are smaller than 41 MATHESONS GARDENS, and 89% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

41 MATHESONS GARDENS: Plot and Title Map

41 MATHESONS GARDENS sits on a plot of roughly 0.016 of an acre, or 65m². The below map shows the location of 41 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 41 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 41 MATHESONS GARDENS?

41 MATHESONS GARDENS is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 41 on MATHESONS GARDENS.