TORRAN HOUSE, SHIELDS ROAD, STOBHILL, MORPETH, NE61 6LA - £185,000

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

TORRAN HOUSE is a very large extended detached house of 213m², built sometime between 1983 and 1990. It was last sold for £185,000 in January 2020, which was around 27% below the average January 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was C.

TORRAN HOUSE Sold Prices

Land registry data shows three sales for TORRAN HOUSE 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. All of the three TORRAN HOUSE 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
2020 22 JAN	£185,000	£253,368	27% below HPI
1996 25 OCT	£74,950	£84,285	11% below HPI
1995 31 MAR	£70,500	£82,658	15% below HPI

TORRAN HOUSE 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 TORRAN HOUSE sales between March 1995 and January 2020 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 October 1996 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2020 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is TORRAN HOUSE?

TORRAN HOUSE is 213m², which includes one extension, according to the EPC inspection conducted in August 2019. 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 TORRAN HOUSE lies on this distribution: 90% of detached houses are smaller than TORRAN HOUSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

TORRAN HOUSE: Plot and Title Map

TORRAN HOUSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of TORRAN HOUSE, 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 TORRAN HOUSE). 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 TORRAN HOUSE?

TORRAN HOUSE, SHIELDS ROAD is located in STOBHILL, in the NE61 postcode district. The below map shows the position of TORRAN HOUSE, SHIELDS ROAD in STOBHILL.