6, BANKSIDE, MORPETH, NE61 1XD - £320,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

6 BANKSIDE is a midsized extended detached house of 133m², built sometime between 1983 and 1990. It was last sold for £320,000 in October 2014, which was around 34% above the average October 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was C.

6 BANKSIDE Sold Prices

Land registry data shows two sales for 6 BANKSIDE 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 6 BANKSIDE 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
2014 3 OCT	£320,000	£238,674	34% above HPI
2006 8 SEP	£299,000	£247,084	21% above HPI

6 BANKSIDE 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 6 BANKSIDE sales from September 2006 and October 2014 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 2006 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the October 2014 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 6 BANKSIDE?

6 BANKSIDE is 133m², which includes two extensions, according to the EPC inspection conducted in September 2013. This puts it in the largest 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 6 BANKSIDE lies on this distribution: 53% of detached houses are smaller than 6 BANKSIDE, and 47% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

6 BANKSIDE: Plot and Title Map

6 BANKSIDE sits on a plot of roughly 0.148 of an acre, or 599m². The below map shows the location of 6 BANKSIDE, 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 6 BANKSIDE). 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 6 BANKSIDE?

6 BANKSIDE is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 6 on BANKSIDE.