44, THE PASTURES, MORPETH, NE61 2AX - £201,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

44 THE PASTURES is a very small detached house of 79m², built sometime between 1950 and 1966. It was last sold for £201,500 in May 2014, which was around 13% below the average May 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was December 2012, where the current energy rating was F, and the potential energy rating was D.

44 THE PASTURES Sold Prices

Land registry data shows two sales for 44 THE PASTURES 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 44 THE PASTURES 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 2 MAY	£201,500	£230,773	13% below HPI
2013 18 MAR	£160,000	£219,073	27% below HPI

44 THE PASTURES 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 44 THE PASTURES sales from March 2013 and May 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 March 2013 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2014 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 44 THE PASTURES?

44 THE PASTURES is 79m² according to the EPC inspection conducted in December 2012. 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 44 THE PASTURES lies on this distribution: 8% of detached houses are smaller than 44 THE PASTURES, and 91% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

44 THE PASTURES: Plot and Title Map

44 THE PASTURES sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 44 THE PASTURES, 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 44 THE PASTURES). 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 44 THE PASTURES?

44 THE PASTURES is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 44 on THE PASTURES.