GARDEN LODGE, WOODSIDE, MORPETH, NE61 2BJ - £492,000

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

GARDEN LODGE is a very large detached house of 199m², built sometime between 1996 and 2002. It was last sold for £492,000 in December 2017, which was around 93% above the average December 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was C.

GARDEN LODGE Sold Prices

Land registry data shows three sales for GARDEN LODGE 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. Two of the three GARDEN LODGE sales were for above the average price, whilst one was 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
2017 12 DEC	£492,000	£255,103	93% above HPI
2004 28 JUL	£427,000	£205,747	108% above HPI
2000 26 MAY	£95,000	£102,643	7% below HPI

GARDEN LODGE 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 GARDEN LODGE sales between May 2000 and December 2017 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 2004 sale was for 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the December 2017 sale, where it falls to 93% above the HPI. The line then continues to track at 93% above the HPI.

How Large is GARDEN LODGE?

GARDEN LODGE is 199m² according to the EPC inspection conducted in April 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 GARDEN LODGE lies on this distribution: 87% of detached houses are smaller than GARDEN LODGE, and 13% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

GARDEN LODGE: Plot and Title Map

GARDEN LODGE sits on a plot of roughly 0.267 of an acre, or 1,081m². The below map shows the location of GARDEN LODGE, 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 GARDEN LODGE). 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 GARDEN LODGE?

GARDEN LODGE is located on WOODSIDE in MORPETH, in the NE61 postcode district. The below map shows the position of GARDEN LODGE on WOODSIDE.