AARONSFIELD, HIGH PARK LANE, MORPETH, NE61 2ST - £435,000

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

AARONSFIELD is a very large extended detached house of 188m², built sometime between 1950 and 1966. It was last sold for £435,000 in December 2016, which was around 74% above the average December 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was C.

AARONSFIELD Sold Prices

Land registry data shows three sales for AARONSFIELD 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 AARONSFIELD 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 12 DEC	£435,000	£250,607	74% above HPI
2007 17 JUL	£360,000	£258,969	39% above HPI
2000 22 DEC	£112,000	£102,267	10% above HPI

AARONSFIELD 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 AARONSFIELD sales between December 2000 and December 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 July 2007 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the December 2016 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

How Large is AARONSFIELD?

AARONSFIELD is 188m², which includes three extensions, according to the EPC inspection conducted in October 2016. 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 AARONSFIELD lies on this distribution: 82% of detached houses are smaller than AARONSFIELD, and 18% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

AARONSFIELD: Plot and Title Map

AARONSFIELD sits on a plot of roughly 0.168 of an acre, or 679m². The below map shows the location of AARONSFIELD, 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 AARONSFIELD). 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 AARONSFIELD?

AARONSFIELD is located on HIGH PARK LANE in MORPETH, in the NE61 postcode district. The below map shows the position of AARONSFIELD on HIGH PARK LANE.