70, THE PASTURES, MORPETH, NE61 2AT - £350,000

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

70 THE PASTURES is a very small extended detached house of 62m², built sometime between 1950 and 1966. It was last sold for £350,000 in July 2023, which was around 9% above the average July 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was C.

70 THE PASTURES Sold Prices

Land registry data shows three sales for 70 THE PASTURES 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. Two of the three 70 THE PASTURES sales were for above the average price, whilst one was 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
2023 7 JUL	£350,000	£319,748	9% above HPI
2017 23 AUG	£289,000	£257,504	12% above HPI
2014 31 JUL	£189,000	£233,984	19% below HPI

70 THE PASTURES 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 70 THE PASTURES sales between July 2014 and July 2023 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 August 2017 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2023 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 70 THE PASTURES?

70 THE PASTURES is 62m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where 70 THE PASTURES lies on this distribution: 2% of detached houses are smaller than 70 THE PASTURES, and 98% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

70 THE PASTURES: Plot and Title Map

70 THE PASTURES sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 70 THE PASTURES, 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 70 THE PASTURES). 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 70 THE PASTURES?

70 THE PASTURES is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 70 on THE PASTURES.