BOUNDARY HOUSE, STOBHILL, MORPETH, NE61 6LA - £220,000

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

BOUNDARY HOUSE is a small detached house of 103m², built sometime between 1983 and 1990. It was last sold for £220,000 in February 2020, which was around 14% below the average February 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was C.

BOUNDARY HOUSE Sold Prices

Land registry data shows two sales for BOUNDARY HOUSE 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 BOUNDARY 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
2020 25 FEB	£220,000	£255,356	14% below HPI
2002 9 AUG	£105,000	£134,088	22% below HPI

BOUNDARY 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 two BOUNDARY HOUSE sales from August 2002 and February 2020 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 August 2002 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is BOUNDARY HOUSE?

BOUNDARY HOUSE is 103m² according to the EPC inspection conducted in January 2020. 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 BOUNDARY HOUSE lies on this distribution: 24% of detached houses are smaller than BOUNDARY HOUSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

BOUNDARY HOUSE: Plot and Title Map

BOUNDARY HOUSE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of BOUNDARY 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 BOUNDARY 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 BOUNDARY HOUSE?

BOUNDARY HOUSE is located in STOBHILL, in the NE61 postcode district. The below map shows the position of BOUNDARY HOUSE in STOBHILL.