6, WEST LEA, THROPTON, MORPETH, NE65 7LA - £275,000

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

6 WEST LEA is a small extended detached house of 123m², built sometime between 1996 and 2002. It was last sold for £275,000 in May 2022, which was around 9% below the average May 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2021, where the current energy rating was E, and the potential energy rating was C.

6 WEST LEA Sold Prices

Land registry data shows three sales for 6 WEST LEA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 6 WEST LEA 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
2022 13 MAY	£275,000	£303,147	9% below HPI
2007 1 OCT	£185,000	£260,342	29% below HPI
2002 4 OCT	£135,000	£138,451	2% below HPI

6 WEST LEA 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 three 6 WEST LEA sales between October 2002 and May 2022 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 October 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 6 WEST LEA?

6 WEST LEA is 123m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 30% of detached houses in Thropton, based on EPC data. The below chart shows the distribution of detached houses by size in Thropton, and where 6 WEST LEA lies on this distribution: 29% of detached houses are smaller than 6 WEST LEA, and 71% of houses are larger. Note that EPC data is not available for all properties in Thropton.

6 WEST LEA: Plot and Title Map

6 WEST LEA sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 6 WEST LEA, 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 WEST LEA). 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 WEST LEA?

6 WEST LEA is located in THROPTON, in the NE65 postcode district. The below map shows the position of No. 6 on WEST LEA.