42, ELEVENTH AVENUE, MORPETH, NE61 2HT - £140,000

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

42 ELEVENTH AVENUE is a very small semi-detached house of 57m², built sometime between 1967 and 1975. It was last sold for £140,000 in March 2022, which was around 54% below the average March 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

42 ELEVENTH AVENUE Sold Prices

Land registry data shows four sales for 42 ELEVENTH AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four 42 ELEVENTH 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
2022 29 MAR	£140,000	£301,366	54% below HPI
2020 24 SEP	£115,000	£272,280	58% below HPI
2009 27 APR	£92,500	£220,057	58% below HPI
2001 27 SEP	£45,000	£114,504	61% below HPI

42 ELEVENTH 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 four 42 ELEVENTH AVENUE sales between September 2001 and March 2022 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 2020 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the March 2022 sale, where it rises to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 42 ELEVENTH AVENUE?

42 ELEVENTH AVENUE is 57m² according to the EPC inspection conducted in June 2020. 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 42 ELEVENTH AVENUE lies on this distribution: 1% of detached houses are smaller than 42 ELEVENTH AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

42 ELEVENTH AVENUE: Plot and Title Map

42 ELEVENTH AVENUE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 42 ELEVENTH 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 42 ELEVENTH 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 42 ELEVENTH AVENUE?

42 ELEVENTH AVENUE is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 42 on ELEVENTH AVENUE.