41, TWEED AVENUE, ELLINGTON, MORPETH, NE61 5ES - £87,000

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

41 TWEED AVENUE is a very small semi-detached house of 76m², built sometime between 1976 and 1982. It was last sold for £87,000 in February 2014, which was around 62% below the average February 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

41 TWEED AVENUE Sold Prices

Land registry data shows two sales for 41 TWEED AVENUE 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 41 TWEED AVENUE 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
2014 28 FEB	£87,000	£229,659	62% below HPI
2004 2 APR	£125,000	£186,418	33% below HPI

41 TWEED AVENUE 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 41 TWEED AVENUE sales from April 2004 and February 2014 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 2004 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2014 sale, where it falls to 62% below the HPI. The line then continues to track at 62% below the HPI.

How Large is 41 TWEED AVENUE?

41 TWEED AVENUE is 76m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% of detached houses in Ellington, based on EPC data. The below chart shows the distribution of detached houses by size in Ellington, and where 41 TWEED AVENUE lies on this distribution: 10% of detached houses are smaller than 41 TWEED AVENUE, and 90% of houses are larger. Note that EPC data is not available for all properties in Ellington.

41 TWEED AVENUE: Plot and Title Map

41 TWEED AVENUE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 41 TWEED AVENUE, 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 TWEED AVENUE). 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 TWEED AVENUE?

41 TWEED AVENUE is located in ELLINGTON, in the NE61 postcode district. The below map shows the position of No. 41 on TWEED AVENUE.