5, RENNINGTON CLOSE, MORPETH, NE61 2TQ - £150,000

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 RENNINGTON CLOSE is a very small semi-detached house of 65m², built sometime between 1983 and 1990. It was last sold for £150,000 in June 2012, which was around 34% below the average June 2012 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

5 RENNINGTON CLOSE Sold Prices

Land registry data shows two sales for 5 RENNINGTON CLOSE 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 5 RENNINGTON CLOSE 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
2012 15 JUN	£150,000	£227,349	34% below HPI
1995 23 MAR	£59,500	£82,658	28% below HPI

5 RENNINGTON 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 two 5 RENNINGTON CLOSE sales from March 1995 and June 2012 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 1995 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2012 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 5 RENNINGTON CLOSE?

5 RENNINGTON CLOSE is 65m² according to the EPC inspection conducted in February 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 5 RENNINGTON CLOSE lies on this distribution: 3% of detached houses are smaller than 5 RENNINGTON CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

5 RENNINGTON CLOSE: Plot and Title Map

5 RENNINGTON CLOSE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 5 RENNINGTON 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 RENNINGTON 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 RENNINGTON CLOSE?

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