DENEBANK, FULBECK, MORPETH, NE61 3JU - £487,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

DENEBANK is a very large extended detached house of 208m², built sometime between 1900 and 1929, which could now be worth an estimated £729,824. It was last sold for £487,500 in December 2012, which was around 103% above the average December 2012 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2008, where the current energy rating was F, and the potential energy rating was E.

DENEBANK Sold Prices

Land registry data shows two sales for DENEBANK 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 DENEBANK 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
2012 20 DEC	£487,500	£240,328	103% above HPI
2000 17 JAN	£175,000	£101,505	72% above HPI

DENEBANK 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 DENEBANK sales from January 2000 and December 2012 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 2000 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the December 2012 sale, where it rises to 103% above the HPI. The line then continues to track at 103% above the HPI.

What might DENEBANK be worth now?

DENEBANK might now be worth an estimated £729,824.

This is based on house price inflation of 49.7%, between December 2012 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 49.7% inflationary increase is applied to the most recent sale price for DENEBANK of £487,500 on 20th December 2012. For the value to have increased from £487,500 to £729,824 over the thirteen years and ten months to February 2025, the following assumptions must hold true:

• The value of DENEBANK has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The December 2012 sale price of £487,500 represented a fair market value for the property.
• The size, condition, and specification of DENEBANK has not materially changed since December 2012.

How Large is DENEBANK?

DENEBANK is 208m², which includes two extensions, according to the EPC inspection conducted in October 2008. This puts it in the largest 20% of detached houses houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morpeth, and where DENEBANK lies on this distribution: 88% of detached houses houses are smaller than DENEBANK, and 12% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

DENEBANK: Plot and Title Map

DENEBANK sits on a plot of roughly 0.492 of an acre, or 1,992m². The below map shows the location of DENEBANK, 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 DENEBANK). 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 DENEBANK?

DENEBANK is located in FULBECK, in the NE61 postcode district. The below map shows the position of DENEBANK in FULBECK.