AALTEN HOUSE, PEGSWOOD VILLAGE, PEGSWOOD, MORPETH, NE61 6RE - £287,500

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

AALTEN HOUSE is a very large extended detached house of 127m², built sometime between 1930 and 1949. It was last sold for £287,500 in July 2022, which was around 7% below the average July 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

AALTEN HOUSE Sold Prices

Land registry data shows four sales for AALTEN HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four AALTEN HOUSE sales were for below 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 8 JUL	£287,500	£307,775	7% below HPI
2013 11 JAN	£156,000	£223,852	30% below HPI
2008 6 MAY	£145,000	£263,342	45% below HPI
1999 12 NOV	£64,050	£100,470	36% below HPI

AALTEN HOUSE 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 four AALTEN HOUSE sales between November 1999 and July 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 January 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is AALTEN HOUSE?

AALTEN HOUSE is 127m², which includes three extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 20% of detached houses in Pegswood, based on EPC data. The below chart shows the distribution of detached houses by size in Pegswood, and where AALTEN HOUSE lies on this distribution: 85% of detached houses are smaller than AALTEN HOUSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Pegswood.

AALTEN HOUSE: Plot and Title Map

AALTEN HOUSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of AALTEN HOUSE, 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 AALTEN HOUSE). 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 AALTEN HOUSE?

AALTEN HOUSE is located on PEGSWOOD VILLAGE in PEGSWOOD, in the NE61 postcode district. The below map shows the position of AALTEN HOUSE on PEGSWOOD VILLAGE.