MEADOWFIELD, CHURCH LANE, THROPTON, MORPETH, NE65 7JA - £357,000

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

MEADOWFIELD is a small extended detached house of 133m², built sometime between 1967 and 1975. It was last sold for £357,000 in July 2023, which was around 12% above the average July 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was C.

MEADOWFIELD Sold Prices

Land registry data shows three sales for MEADOWFIELD 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. The three MEADOWFIELD sales were a mix of above the average price, and roughly equal to 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
2023 11 JUL	£357,000	£319,748	12% above HPI
2021 8 JAN	£285,000	£283,795	Close to HPI
2004 8 DEC	£230,000	£219,478	5% above HPI

MEADOWFIELD 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 MEADOWFIELD sales between December 2004 and July 2023 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 January 2021 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2023 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is MEADOWFIELD?

MEADOWFIELD is 133m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% of detached houses in Thropton, based on EPC data. The below chart shows the distribution of detached houses by size in Thropton, and where MEADOWFIELD lies on this distribution: 36% of detached houses are smaller than MEADOWFIELD, and 62% of houses are larger. Note that EPC data is not available for all properties in Thropton.

MEADOWFIELD: Plot and Title Map

MEADOWFIELD sits on a plot of roughly 0.178 of an acre, or 720m². The below map shows the location of MEADOWFIELD, 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 MEADOWFIELD). 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 MEADOWFIELD?

MEADOWFIELD is located on CHURCH LANE in THROPTON, in the NE65 postcode district. The below map shows the position of MEADOWFIELD on CHURCH LANE.