8, OGLE AVENUE, MORPETH, NE61 2PN - £360,000

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 OGLE AVENUE is a midsized detached house of 121m², built sometime between 1991 and 1995. It was last sold for £360,000 in August 2014, which was around 52% above the average August 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

8 OGLE AVENUE Sold Prices

Land registry data shows three sales for 8 OGLE AVENUE 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. All of the three 8 OGLE AVENUE 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
2014 8 AUG	£360,000	£236,997	52% above HPI
1999 26 FEB	£140,000	£88,397	58% above HPI
1996 1 NOV	£127,500	£82,093	55% above HPI

8 OGLE AVENUE 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 8 OGLE AVENUE sales between November 1996 and August 2014 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 February 1999 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the August 2014 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 8 OGLE AVENUE?

8 OGLE AVENUE is 121m² 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 OGLE AVENUE lies on this distribution: 42% of detached houses are smaller than 8 OGLE AVENUE, and 56% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

8 OGLE AVENUE: Plot and Title Map

8 OGLE AVENUE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 8 OGLE AVENUE, 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 OGLE AVENUE). 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 OGLE AVENUE?

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