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

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

DENEBANK is a very large extended detached house of 208m², built sometime between 1900 and 1929. It was last sold for £487,500 in December 2012, which was around 109% 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	£232,838	109% above HPI
2000 17 JAN	£175,000	£98,341	78% 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 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the December 2012 sale, where it rises to 109% above the HPI. The line then continues to track at 109% above the HPI.

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 in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where DENEBANK lies on this distribution: 88% of detached 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.