9, BANKSIDE, MORPETH, NE61 1XD - £420,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

9 BANKSIDE is a very large extended detached house of 183m², built sometime between 1976 and 1982. It was last sold for £420,000 in March 2016, which was around 72% above the average March 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was C.

9 BANKSIDE Sold Prices

Land registry data shows two sales for 9 BANKSIDE 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 9 BANKSIDE 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 30 MAR	£420,000	£243,545	72% above HPI
2003 17 JAN	£249,950	£145,917	71% above HPI

9 BANKSIDE 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 9 BANKSIDE sales from January 2003 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 January 2003 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the March 2016 sale, where it rises to 72% above the HPI. The line then continues to track at 72% above the HPI.

How Large is 9 BANKSIDE?

9 BANKSIDE is 183m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the largest 20% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where 9 BANKSIDE lies on this distribution: 80% of detached houses are smaller than 9 BANKSIDE, and 19% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

9 BANKSIDE: Plot and Title Map

9 BANKSIDE sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 9 BANKSIDE, 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 9 BANKSIDE). 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 9 BANKSIDE?

9 BANKSIDE is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 9 on BANKSIDE.