TANGLEWOOD, FAIRMOOR, MORPETH, NE61 3JL - £545,000

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

TANGLEWOOD is a large extended detached house of 167m², built sometime between 1983 and 1990. It was last sold for £545,000 in August 2022, which was around 72% above the average August 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

TANGLEWOOD Sold Prices

Land registry data shows two sales for TANGLEWOOD 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 TANGLEWOOD 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
2022 16 AUG	£545,000	£317,779	72% above HPI
2002 28 AUG	£285,000	£134,088	113% above HPI

TANGLEWOOD 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 TANGLEWOOD sales from August 2002 and August 2022 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 August 2002 sale was for 113% above the HPI. So the extrapolation line tracks at 113% above the HPI over time, until the August 2022 sale, where it falls to 72% above the HPI. The line then continues to track at 72% above the HPI.

How Large is TANGLEWOOD?

TANGLEWOOD is 167m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 20% of detached houses in Fair Moor, based on EPC data. The below chart shows the distribution of detached houses by size in Fair Moor, and where TANGLEWOOD lies on this distribution: 80% of detached houses are smaller than TANGLEWOOD, and 17% of houses are larger. Note that EPC data is not available for all properties in Fair Moor.

TANGLEWOOD: Plot and Title Map

TANGLEWOOD sits on a plot of roughly 0.528 of an acre, or 2,136m². The below map shows the location of TANGLEWOOD, 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 TANGLEWOOD). 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 TANGLEWOOD?

TANGLEWOOD is located on FAIRMOOR in MORPETH, in the NE61 postcode district. The below map shows the position of TANGLEWOOD on FAIRMOOR.