GREEN HEDGES, MORPETH, NE61 3JS - £249,500

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

GREEN HEDGES is a small extended detached house of 113m², built sometime between 1900 and 1929. It was last sold for £249,500 in June 2007, which was around 1% below the average June 2007 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

GREEN HEDGES Sold Prices

Land registry data shows three sales for GREEN HEDGES 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 GREEN HEDGES sales were for below the average price, whilst one was 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
2007 1 JUN	£249,500	£252,727	1% below HPI
1997 19 DEC	£95,000	£86,202	10% above HPI
1995 6 OCT	£73,000	£78,036	6% below HPI

GREEN HEDGES 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 GREEN HEDGES sales between October 1995 and June 2007 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 December 1997 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2007 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is GREEN HEDGES?

GREEN HEDGES is 113m², which includes two extensions, according to the EPC inspection conducted in March 2012. This puts it in the smallest 40% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where GREEN HEDGES lies on this distribution: 35% of detached houses are smaller than GREEN HEDGES, and 65% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

GREEN HEDGES: Plot and Title Map

GREEN HEDGES sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of GREEN HEDGES, 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 GREEN HEDGES). 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 GREEN HEDGES?

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