HILL CREST, HIGH PARK LANE, MORPETH, NE61 2ST - £330,000

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

HILL CREST is a very large extended detached house of 220m², built sometime between 1930 and 1949. It was last sold for £330,000 in June 2014, which was around 42% above the average June 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

HILL CREST Sold Prices

Land registry data shows two sales for HILL CREST 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 HILL CREST 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
2014 12 JUN	£330,000	£231,752	42% above HPI
1996 1 APR	£99,000	£79,022	25% above HPI

HILL CREST 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 HILL CREST sales from April 1996 and June 2014 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 April 1996 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the June 2014 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is HILL CREST?

HILL CREST is 220m², which includes three extensions, according to the EPC inspection conducted in April 2012. 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 HILL CREST lies on this distribution: 92% of detached houses are smaller than HILL CREST, and 8% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

HILL CREST: Plot and Title Map

HILL CREST sits on a plot of roughly 0.177 of an acre, or 714m². The below map shows the location of HILL CREST, 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 HILL CREST). 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 HILL CREST?

HILL CREST is located on HIGH PARK LANE in MORPETH, in the NE61 postcode district. The below map shows the position of HILL CREST on HIGH PARK LANE.