8, IVY CLOSE, SAXON VALE, MORPETH, NE61 5DH - £300,000

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 IVY CLOSE is a large detached house of 125m². It was last sold for £300,000 in January 2023, which was around 7% below the average January 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was A.

8 IVY CLOSE Sold Prices

Land registry data shows two sales for 8 IVY 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. One of the two 8 IVY CLOSE 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
2023 13 JAN	£300,000	£321,320	7% below HPI
2019 3 MAY	£249,950	£247,186	1% above HPI

8 IVY 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 IVY CLOSE sales from May 2019 and January 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 May 2019 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2023 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 8 IVY CLOSE?

8 IVY CLOSE is 125m² according to the EPC inspection conducted in November 2018. This puts it in the largest 40% of detached houses in Ellington, based on EPC data. The below chart shows the distribution of detached houses by size in Ellington, and where 8 IVY CLOSE lies on this distribution: 64% of detached houses are smaller than 8 IVY CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Ellington.

8 IVY CLOSE: Plot and Title Map

8 IVY CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 8 IVY 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 IVY 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 IVY CLOSE?

8 IVY CLOSE is located in SAXON VALE, in the NE61 postcode district. The below map shows the position of No. 8 on IVY CLOSE.