8, KINGSWELL, MORPETH, NE61 2TZ - £305,000

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 KINGSWELL is a midsized extended detached house of 126m², built sometime between 1983 and 1990. It was last sold for £305,000 in March 2016, which was around 25% above the average March 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

8 KINGSWELL Sold Prices

Land registry data shows two sales for 8 KINGSWELL 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 KINGSWELL 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
2016 8 MAR	£305,000	£243,545	25% above HPI
1997 17 OCT	£116,000	£87,507	33% above HPI

8 KINGSWELL 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 KINGSWELL sales from October 1997 and March 2016 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 October 1997 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the March 2016 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 8 KINGSWELL?

8 KINGSWELL is 126m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 50% 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 KINGSWELL lies on this distribution: 48% of detached houses are smaller than 8 KINGSWELL, and 52% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

8 KINGSWELL: Plot and Title Map

8 KINGSWELL sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 8 KINGSWELL, 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 KINGSWELL). 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 KINGSWELL?

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