ROSEWOOD, PEGSWOOD VILLAGE, PEGSWOOD, MORPETH, NE61 6UA - £112,000

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

ROSEWOOD is a very small extended detached house of 78m², built sometime between 1930 and 1949. It was last sold for £112,000 in October 2012, which was around 53% below the average October 2012 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was D.

ROSEWOOD Sold Prices

Land registry data shows four sales for ROSEWOOD 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 ROSEWOOD sales were for below 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
2012 1 OCT	£112,000	£236,018	53% below HPI
2011 1 APR	£62,250	£237,428	74% below HPI
2000 22 DEC	£59,000	£102,267	42% below HPI
2000 28 APR	£67,000	£99,272	33% below HPI

ROSEWOOD 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 ROSEWOOD sales between April 2000 and October 2012 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 2011 sale was for 74% below the HPI. So the extrapolation line tracks at 74% below the HPI over time, until the October 2012 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is ROSEWOOD?

ROSEWOOD is 78m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the smallest 20% of detached houses in Pegswood, based on EPC data. The below chart shows the distribution of detached houses by size in Pegswood, and where ROSEWOOD lies on this distribution: 15% of detached houses are smaller than ROSEWOOD, and 85% of houses are larger. Note that EPC data is not available for all properties in Pegswood.

ROSEWOOD: Plot and Title Map

ROSEWOOD sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of ROSEWOOD, 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 ROSEWOOD). 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 ROSEWOOD?

ROSEWOOD is located on PEGSWOOD VILLAGE in PEGSWOOD, in the NE61 postcode district. The below map shows the position of ROSEWOOD on PEGSWOOD VILLAGE.