SPRINGWELL, ELLINGTON, MORPETH, NE61 5HG - £85,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SPRINGWELL is a large detached house of 124m², built sometime between 1967 and 1975. It was last sold for £85,500 in January 2002, which was around 28% below the average January 2002 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

SPRINGWELL Sold Prices

Land registry data shows two sales for SPRINGWELL 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 SPRINGWELL 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
2002 3 JAN	£85,500	£118,453	28% below HPI
1995 29 SEP	£50,000	£79,968	37% below HPI

SPRINGWELL 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 SPRINGWELL sales from September 1995 and January 2002 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 September 1995 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2002 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is SPRINGWELL?

SPRINGWELL is 124m² according to the EPC inspection conducted in February 2014. This puts it in the largest 40% of detached houses in Ellington, based on EPC data. The below chart shows the distribution of detached houses by size in Ellington, and where SPRINGWELL lies on this distribution: 62% of detached houses are smaller than SPRINGWELL, and 37% of houses are larger. Note that EPC data is not available for all properties in Ellington.

SPRINGWELL: Plot and Title Map

SPRINGWELL sits on a plot of roughly 0.121 of an acre, or 492m². The below map shows the location of SPRINGWELL, 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 SPRINGWELL). 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 SPRINGWELL?

SPRINGWELL is located in ELLINGTON, in the NE61 postcode district. The below map shows the position of SPRINGWELL in ELLINGTON.