GRANGE MEWS, MORPETH, NE61 6JZ - £455,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

GRANGE MEWS is a very large extended detached house of 288m², built sometime between 1991 and 1995. It was last sold for £455,000 in September 2013, which was around 93% above the average September 2013 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was C.

GRANGE MEWS Sold Prices

Land registry data shows two sales for GRANGE MEWS 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 GRANGE MEWS 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
2013 4 SEP	£455,000	£235,597	93% above HPI
2000 27 OCT	£325,000	£105,746	207% above HPI

GRANGE MEWS 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 GRANGE MEWS sales from October 2000 and September 2013 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 October 2000 sale was for 207% above the HPI. So the extrapolation line tracks at 207% above the HPI over time, until the September 2013 sale, where it falls to 93% above the HPI. The line then continues to track at 93% above the HPI.

How Large is GRANGE MEWS?

GRANGE MEWS is 288m², which includes three extensions, according to the EPC inspection conducted in June 2023. This puts it in the largest 10% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where GRANGE MEWS lies on this distribution: 98% of detached houses are smaller than GRANGE MEWS, and 2% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

GRANGE MEWS: Plot and Title Map

GRANGE MEWS sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of GRANGE MEWS, 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 GRANGE MEWS). 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 GRANGE MEWS?

GRANGE MEWS is located in MORPETH, in the NE61 postcode district. The below map shows the position of GRANGE MEWS in MORPETH.