1, FELTON CLOSE, MORPETH, NE61 2TG - £262,000

1 FELTON CLOSE is a very small detached house of 73m², built sometime between 1991 and 1995. It was last sold for £262,000 in November 2013, which was around 13% above the average November 2013 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was B.

1 FELTON CLOSE Sold Prices

Land registry data shows three sales for 1 FELTON CLOSE 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 1 FELTON CLOSE 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
2013 26 NOV	£262,000	£232,593	13% above HPI
2012 25 OCT	£241,250	£236,018	2% above HPI
1996 9 FEB	£95,000	£77,059	23% above HPI

1 FELTON CLOSE 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 1 FELTON CLOSE sales between February 1996 and November 2013 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 2012 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2013 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 1 FELTON CLOSE?

1 FELTON CLOSE is 73m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 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 1 FELTON CLOSE lies on this distribution: 5% of detached houses are smaller than 1 FELTON CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

1 FELTON CLOSE: Plot and Title Map

1 FELTON CLOSE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 1 FELTON CLOSE, 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 1 FELTON CLOSE). 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 1 FELTON CLOSE?

1 FELTON CLOSE is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 1 on FELTON CLOSE.