12, QUEENSWAY, MORPETH, NE61 2BG - £305,000

12 QUEENSWAY is a midsized extended detached house of 124m², built sometime between 1967 and 1975. It was last sold for £305,000 in February 2018, which was around 18% above the average February 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

12 QUEENSWAY Sold Prices

Land registry data shows three sales for 12 QUEENSWAY 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 12 QUEENSWAY 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
2018 26 FEB	£305,000	£257,745	18% above HPI
1999 6 DEC	£119,950	£100,431	19% above HPI
1997 3 DEC	£107,000	£86,202	24% above HPI

12 QUEENSWAY 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 12 QUEENSWAY sales between December 1997 and February 2018 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 December 1999 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the February 2018 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 12 QUEENSWAY?

12 QUEENSWAY is 124m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 50% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where 12 QUEENSWAY lies on this distribution: 46% of detached houses are smaller than 12 QUEENSWAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

12 QUEENSWAY: Plot and Title Map

12 QUEENSWAY sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 12 QUEENSWAY, 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 12 QUEENSWAY). 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 12 QUEENSWAY?

12 QUEENSWAY is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 12 on QUEENSWAY.