8, FELTON CLOSE, MORPETH, NE61 2TG - £267,300

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 FELTON CLOSE is a very small detached house of 88m², built sometime between 1983 and 1990, which could now be worth an estimated £400,168. It was last sold for £267,300 in December 2012, which was around 11% above the average December 2012 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

8 FELTON CLOSE Sold Prices

Land registry data shows two sales for 8 FELTON CLOSE 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 FELTON CLOSE 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
2012 20 DEC	£267,300	£240,328	11% above HPI
2003 1 SEP	£232,000	£184,192	26% above HPI

8 FELTON CLOSE 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 FELTON CLOSE sales from September 2003 and December 2012 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 2003 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the December 2012 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 8 FELTON CLOSE be worth now?

8 FELTON CLOSE might now be worth an estimated £400,168.

This is based on house price inflation of 49.7%, between December 2012 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 49.7% inflationary increase is applied to the most recent sale price for 8 FELTON CLOSE of £267,300 on 20th December 2012. For the value to have increased from £267,300 to £400,168 over the thirteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 FELTON CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The December 2012 sale price of £267,300 represented a fair market value for the property.
• The size, condition, and specification of 8 FELTON CLOSE has not materially changed since December 2012.

How Large is 8 FELTON CLOSE?

8 FELTON CLOSE is 88m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 20% of detached houses houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morpeth, and where 8 FELTON CLOSE lies on this distribution: 13% of detached houses houses are smaller than 8 FELTON CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

8 FELTON CLOSE: Plot and Title Map

8 FELTON CLOSE sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 8 FELTON CLOSE, 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 FELTON CLOSE). 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 FELTON CLOSE?

8 FELTON CLOSE is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 8 on FELTON CLOSE.