5, CROOME GARDENS, PEGSWOOD, MORPETH, NE61 6TP - £175,000

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

5 CROOME GARDENS is a midsized detached house of 95m², built sometime between 1996 and 2002. It was last sold for £175,000 in May 2018, which was around 32% below the average May 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

5 CROOME GARDENS Sold Prices

Land registry data shows three sales for 5 CROOME GARDENS 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 CROOME GARDENS 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
2018 4 MAY	£175,000	£258,285	32% below HPI
2018 30 APR	£185,000	£259,047	29% below HPI
2002 23 DEC	£100,950	£145,834	31% below HPI

5 CROOME GARDENS 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 CROOME GARDENS sales between December 2002 and May 2018 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 2018 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2018 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 5 CROOME GARDENS?

5 CROOME GARDENS is 95m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 50% of detached houses in Pegswood, based on EPC data. The below chart shows the distribution of detached houses by size in Pegswood, and where 5 CROOME GARDENS lies on this distribution: 43% of detached houses are smaller than 5 CROOME GARDENS, and 57% of houses are larger. Note that EPC data is not available for all properties in Pegswood.

5 CROOME GARDENS: Plot and Title Map

5 CROOME GARDENS sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 5 CROOME GARDENS, 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 CROOME GARDENS). 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 CROOME GARDENS?

5 CROOME GARDENS is located in PEGSWOOD, in the NE61 postcode district. The below map shows the position of No. 5 on CROOME GARDENS.