51, ABBEY MEADOWS, MORPETH, NE61 2AZ - £168,000

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

51 ABBEY MEADOWS is a very small extended detached house of 63m², built sometime between 1967 and 1975. It was last sold for £168,000 in May 2015, which was around 28% below the average May 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was B.

51 ABBEY MEADOWS Sold Prices

Land registry data shows two sales for 51 ABBEY MEADOWS 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 51 ABBEY MEADOWS 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
2015 8 MAY	£168,000	£234,449	28% below HPI
1997 27 FEB	£69,950	£83,993	17% below HPI

51 ABBEY MEADOWS 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 51 ABBEY MEADOWS sales from February 1997 and May 2015 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 February 1997 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2015 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 51 ABBEY MEADOWS?

51 ABBEY MEADOWS is 63m², which includes one extension, according to the EPC inspection conducted in February 2015. 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 51 ABBEY MEADOWS lies on this distribution: 2% of detached houses are smaller than 51 ABBEY MEADOWS, and 98% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

51 ABBEY MEADOWS: Plot and Title Map

51 ABBEY MEADOWS sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 51 ABBEY MEADOWS, 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 51 ABBEY MEADOWS). 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 51 ABBEY MEADOWS?

51 ABBEY MEADOWS is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 51 on ABBEY MEADOWS.