7, LOANSDEAN WOOD, MORPETH, NE61 2FB - £210,000

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

7 LOANSDEAN WOOD is a large detached house of 147m², built sometime from 2012 onwards. It was last sold for £210,000 in May 2024, which was around 35% below the average May 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

7 LOANSDEAN WOOD Sold Prices

Land registry data shows two sales for 7 LOANSDEAN WOOD 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. One of the two 7 LOANSDEAN WOOD sales was for below the average price, whilst the other was 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
2024 23 MAY	£210,000	£324,352	35% below HPI
2012 29 JUN	£335,000	£227,349	47% above HPI

7 LOANSDEAN WOOD 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 7 LOANSDEAN WOOD sales from June 2012 and May 2024 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 June 2012 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the May 2024 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 7 LOANSDEAN WOOD?

7 LOANSDEAN WOOD is 147m² according to the EPC inspection conducted in October 2023. This puts it in the largest 40% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where 7 LOANSDEAN WOOD lies on this distribution: 64% of detached houses are smaller than 7 LOANSDEAN WOOD, and 36% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

7 LOANSDEAN WOOD: Plot and Title Map

7 LOANSDEAN WOOD sits on a plot of roughly 7.7 acres, or 31,348m². The below map shows the location of 7 LOANSDEAN WOOD, 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 7 LOANSDEAN WOOD). 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 7 LOANSDEAN WOOD?

7 LOANSDEAN WOOD is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 7 on LOANSDEAN WOOD.