55, KINGSWELL, MORPETH, NE61 2TY - £325,000

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

55 KINGSWELL is a large extended detached house of 180m², built sometime between 1976 and 1982. It was last sold for £325,000 in February 2004, which was around 78% above the average February 2004 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

55 KINGSWELL Sold Prices

Land registry data shows two sales for 55 KINGSWELL 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 55 KINGSWELL 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
2004 12 FEB	£325,000	£182,271	78% above HPI
1997 2 SEP	£115,000	£88,803	29% above HPI

55 KINGSWELL 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 55 KINGSWELL sales from September 1997 and February 2004 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 September 1997 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the February 2004 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

How Large is 55 KINGSWELL?

55 KINGSWELL is 180m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 30% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where 55 KINGSWELL lies on this distribution: 78% of detached houses are smaller than 55 KINGSWELL, and 21% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

55 KINGSWELL: Plot and Title Map

55 KINGSWELL sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 55 KINGSWELL, 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 55 KINGSWELL). 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 55 KINGSWELL?

55 KINGSWELL is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 55 on KINGSWELL.