5, CHATTON CLOSE, MORPETH, NE61 2YP - £400,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

5 CHATTON CLOSE is a very large detached house of 185m², built sometime between 1996 and 2002. It was last sold for £400,000 in August 2019, which was around 53% above the average August 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

5 CHATTON CLOSE Sold Prices

Land registry data shows three sales for 5 CHATTON CLOSE 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 5 CHATTON CLOSE sales were for above 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
2019 28 AUG	£400,000	£261,442	53% above HPI
2006 8 SEP	£418,000	£247,084	69% above HPI
2000 29 SEP	£209,000	£107,230	95% above HPI

5 CHATTON CLOSE 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 5 CHATTON CLOSE sales between September 2000 and August 2019 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 2006 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the August 2019 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 5 CHATTON CLOSE?

5 CHATTON CLOSE is 185m² according to the EPC inspection conducted in September 2018. This puts it in the largest 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 5 CHATTON CLOSE lies on this distribution: 82% of detached houses are smaller than 5 CHATTON CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

5 CHATTON CLOSE: Plot and Title Map

5 CHATTON CLOSE sits on a plot of roughly 0.164 of an acre, or 662m². The below map shows the location of 5 CHATTON CLOSE, 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 5 CHATTON CLOSE). 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 5 CHATTON CLOSE?

5 CHATTON CLOSE is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 5 on CHATTON CLOSE.