51, MERLEY GATE, MORPETH, NE61 2EP - £279,950

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 MERLEY GATE is a midsized extended detached house of 121m², built sometime between 1983 and 1990. It was last sold for £279,950 in April 2015, which was around 19% above the average April 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

51 MERLEY GATE Sold Prices

Land registry data shows two sales for 51 MERLEY GATE 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 MERLEY GATE 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
2015 17 APR	£279,950	£234,734	19% above HPI
2006 29 NOV	£275,000	£247,380	11% above HPI

51 MERLEY GATE 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 MERLEY GATE sales from November 2006 and April 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 November 2006 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the April 2015 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 51 MERLEY GATE?

51 MERLEY GATE is 121m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 50% 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 MERLEY GATE lies on this distribution: 42% of detached houses are smaller than 51 MERLEY GATE, and 56% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

51 MERLEY GATE: Plot and Title Map

51 MERLEY GATE sits on a plot of roughly 0.078 of an acre, or 318m². The below map shows the location of 51 MERLEY GATE, 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 MERLEY GATE). 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 MERLEY GATE?

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