15, PARK ROAD, SWARLAND, MORPETH, NE65 9JD - £320,000

15 PARK ROAD is a midsized extended detached house of 149m², built sometime between 1983 and 1990. It was last sold for £320,000 in September 2014, which was around 34% above the average September 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

15 PARK ROAD Sold Prices

Land registry data shows four sales for 15 PARK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Two of the four 15 PARK ROAD sales were for above the average price, whilst one was 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
2014 9 SEP	£320,000	£237,933	34% above HPI
2002 25 NOV	£185,000	£142,410	30% above HPI
2000 14 MAR	£96,000	£96,231	Close to HPI
1997 15 JUL	£75,000	£88,200	15% below HPI

15 PARK ROAD 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 four 15 PARK ROAD sales between July 1997 and September 2014 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 November 2002 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the September 2014 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 15 PARK ROAD?

15 PARK ROAD is 149m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 40% of detached houses in Swarland, based on EPC data. The below chart shows the distribution of detached houses by size in Swarland, and where 15 PARK ROAD lies on this distribution: 40% of detached houses are smaller than 15 PARK ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Swarland.

15 PARK ROAD: Plot and Title Map

15 PARK ROAD sits on a plot of roughly 0.238 of an acre, or 963m². The below map shows the location of 15 PARK ROAD, 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 15 PARK ROAD). 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 15 PARK ROAD?

15 PARK ROAD is located in SWARLAND, in the NE65 postcode district. The below map shows the position of No. 15 on PARK ROAD.