9, THE COVERS, MORPETH, NE61 2RU - £320,000

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 THE COVERS is a small extended detached house of 105m², built sometime between 1983 and 1990. It was last sold for £320,000 in March 2022, which was around 6% above the average March 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

9 THE COVERS Sold Prices

Land registry data shows five sales for 9 THE COVERS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Most of the five 9 THE COVERS 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
2022 25 MAR	£320,000	£301,366	6% above HPI
2014 26 SEP	£245,000	£237,933	3% above HPI
2011 26 JUL	£228,000	£238,561	4% below HPI
2002 21 AUG	£145,500	£134,088	9% above HPI
1995 29 SEP	£89,950	£79,968	12% above HPI

9 THE COVERS 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 five 9 THE COVERS sales between September 1995 and March 2022 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 2014 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the March 2022 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 9 THE COVERS?

9 THE COVERS is 105m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 30% 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 THE COVERS lies on this distribution: 26% of detached houses are smaller than 9 THE COVERS, and 74% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

9 THE COVERS: Plot and Title Map

9 THE COVERS sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 9 THE COVERS, 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 THE COVERS). 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 THE COVERS?

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