13, SMITHS CLOSE, MORPETH, NE61 2ZF - £204,995

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

13 SMITHS CLOSE is a small terraced house of 77m², built in 2021, which could now be worth an estimated £246,082. It was last sold for £204,995 in February 2022, which was around 49% above the average February 2022 terraced price in the Northumberland local authority area. The most recent EPC inspection was January 2022, where the current energy rating was B, and the potential energy rating was A.

13 SMITHS CLOSE Sold Prices

Land registry data shows one sale for 13 SMITHS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Northumberland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 25 FEB	£204,995	£137,444	49% above HPI

What might 13 SMITHS CLOSE be worth now?

13 SMITHS CLOSE might now be worth an estimated £246,082.

This is based on house price inflation of 20%, between February 2022 and April 2026, for terraced houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20% inflationary increase is applied to the most recent sale price for 13 SMITHS CLOSE of £204,995 on 25th February 2022. For the value to have increased from £204,995 to £246,082 over the three years and ten months to April 2026, the following assumptions must hold true:

• The value of 13 SMITHS CLOSE has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The February 2022 sale price of £204,995 represented a fair market value for the property.
• The size, condition, and specification of 13 SMITHS CLOSE has not materially changed since February 2022.

How Large is 13 SMITHS CLOSE?

13 SMITHS CLOSE is 77m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 40% of terraced houses in Morpeth, based on EPC data. The below chart shows the distribution of terraced houses by size in Morpeth, and where 13 SMITHS CLOSE lies on this distribution: 33% of terraced houses are smaller than 13 SMITHS CLOSE, and 65% of terraced houses are larger. Note that EPC data is not available for all properties in Morpeth.

13 SMITHS CLOSE: Plot

13 SMITHS CLOSE sits on a plot of roughly 0.036 of an acre, or 145m².

Where is 13 SMITHS CLOSE?

13 SMITHS CLOSE is located in MORPETH, in the NE61 postcode district.