8, EAST MILL, MORPETH, NE61 3AA - £430,000

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

8 EAST MILL is a small detached house of 112m², built sometime from 2007 onwards. It was last sold for £430,000 in November 2021, which was around 47% above the average November 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

8 EAST MILL Sold Prices

Land registry data shows two sales for 8 EAST MILL 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 8 EAST MILL 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
2021 11 NOV	£430,000	£292,739	47% above HPI
2016 18 MAY	£430,000	£242,024	78% above HPI

8 EAST MILL 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 8 EAST MILL sales from May 2016 and November 2021 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 May 2016 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the November 2021 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 8 EAST MILL?

8 EAST MILL is 112m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 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 8 EAST MILL lies on this distribution: 33% of detached houses are smaller than 8 EAST MILL, and 67% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

8 EAST MILL: Plot and Title Map

8 EAST MILL sits on a plot of roughly 1.5 acres, or 6,222m². The below map shows the location of 8 EAST MILL, 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 8 EAST MILL). 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 8 EAST MILL?

8 EAST MILL is located in MORPETH, in the NE61 postcode district. The below map shows the position of 8 EAST MILL in MORPETH.