47, PRIORS WALK, MORPETH, NE61 2RF - £139,000

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

47 PRIORS WALK is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £139,000 in May 2004, which was around 29% below the average May 2004 detached price in the Northumberland local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was C.

47 PRIORS WALK Sold Prices

Land registry data shows two sales for 47 PRIORS WALK 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 47 PRIORS WALK 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
2004 26 MAY	£139,000	£194,584	29% below HPI
1997 16 MAY	£60,000	£86,637	31% below HPI

47 PRIORS WALK 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 47 PRIORS WALK sales from May 1997 and May 2004 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 May 1997 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2004 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 47 PRIORS WALK?

47 PRIORS WALK is 73m² according to the EPC inspection conducted in December 2010. 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 47 PRIORS WALK lies on this distribution: 5% of detached houses are smaller than 47 PRIORS WALK, and 95% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

47 PRIORS WALK: Plot and Title Map

47 PRIORS WALK sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 47 PRIORS WALK, 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 47 PRIORS WALK). 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 47 PRIORS WALK?

47 PRIORS WALK is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 47 on PRIORS WALK.