GREYSTONES, LONGHORSLEY, MORPETH, NE65 8UY - £570,000

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

GREYSTONES is a very large detached house of 163m², built sometime between 2003 and 2006. It was last sold for £570,000 in February 2024, which was around 77% above the average February 2024 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was C.

GREYSTONES Sold Prices

Land registry data shows four sales for GREYSTONES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four GREYSTONES 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
2024 16 FEB	£570,000	£322,450	77% above HPI
2013 1 FEB	£380,000	£221,759	71% above HPI
2009 16 SEP	£432,500	£239,097	81% above HPI
1999 10 NOV	£290,000	£100,470	189% above HPI

GREYSTONES 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 four GREYSTONES sales between November 1999 and February 2024 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 February 2013 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the February 2024 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is GREYSTONES?

GREYSTONES is 163m² according to the EPC inspection conducted in July 2023. This puts it in the largest 20% of detached houses in Longhorsley, based on EPC data. The below chart shows the distribution of detached houses by size in Longhorsley, and where GREYSTONES lies on this distribution: 80% of detached houses are smaller than GREYSTONES, and 20% of houses are larger. Note that EPC data is not available for all properties in Longhorsley.

GREYSTONES: Plot and Title Map

GREYSTONES sits on a plot of roughly 0.410 of an acre, or 1,660m². The below map shows the location of GREYSTONES, 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 GREYSTONES). 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 GREYSTONES?

GREYSTONES is located in LONGHORSLEY, in the NE65 postcode district. The below map shows the position of GREYSTONES in LONGHORSLEY.