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 LOANSDEAN WOOD is a very large detached house of 229m². It was last sold for £440,000 in March 2021, which was around 56% above the average March 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2013, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows three sales for 5 LOANSDEAN WOOD since 1st 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 LOANSDEAN WOOD 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 |
---|---|---|---|
2021 18 MAR | £440,000 | £282,544 | 56% above HPI |
2013 1 OCT | £485,000 | £234,263 | 107% above HPI |
2013 27 JUN | £442,500 | £226,469 | 95% above HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 5 LOANSDEAN WOOD sales between June 2013 and March 2021 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 October 2013 sale was for 107% above the HPI. So the extrapolation line tracks at 107% above the HPI over time, until the March 2021 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.
5 LOANSDEAN WOOD is 229m² according to the EPC inspection conducted in March 2013. This puts it in the largest 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 5 LOANSDEAN WOOD lies on this distribution: 93% of detached houses are smaller than 5 LOANSDEAN WOOD, and 7% of houses are larger. Note that EPC data is not available for all properties in Morpeth.
5 LOANSDEAN WOOD sits on a plot of roughly 7.7 acres, or 31,348m². The below map shows the location of 5 LOANSDEAN WOOD, 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 LOANSDEAN WOOD). 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.
5 LOANSDEAN WOOD is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 5 on LOANSDEAN WOOD.