8, SOUTHGATE WOOD, MORPETH, NE61 2EN - £840,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

8 SOUTHGATE WOOD is a very large extended detached house of 213m², built sometime between 1983 and 1990. It was last sold for £840,000 in August 2023, which was around 160% above the average August 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was C.

8 SOUTHGATE WOOD Sold Prices

Land registry data shows two sales for 8 SOUTHGATE WOOD 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 SOUTHGATE WOOD 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
2023 4 AUG	£840,000	£322,838	160% above HPI
2011 7 SEP	£540,000	£230,709	134% above HPI

8 SOUTHGATE WOOD 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 SOUTHGATE WOOD sales from September 2011 and August 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 September 2011 sale was for 134% above the HPI. So the extrapolation line tracks at 134% above the HPI over time, until the August 2023 sale, where it rises to 160% above the HPI. The line then continues to track at 160% above the HPI.

How Large is 8 SOUTHGATE WOOD?

8 SOUTHGATE WOOD is 213m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 10% 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 SOUTHGATE WOOD lies on this distribution: 90% of detached houses are smaller than 8 SOUTHGATE WOOD, and 9% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

8 SOUTHGATE WOOD: Plot and Title Map

8 SOUTHGATE WOOD sits on a plot of roughly 0.223 of an acre, or 903m². The below map shows the location of 8 SOUTHGATE WOOD, 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 SOUTHGATE WOOD). 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 SOUTHGATE WOOD?

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