15, REIVERS GATE, LONGHORSLEY, MORPETH, NE65 8LA - £153,000

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.

15 REIVERS GATE is a very small semi-detached house of 46m², built sometime between 1976 and 1982, which could now be worth an estimated £195,556. It was last sold for £153,000 in December 2020, which was around 3% below the average December 2020 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

15 REIVERS GATE Sold Prices

Land registry data shows three sales for 15 REIVERS GATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. Two of the three 15 REIVERS GATE sales were for below the average price, whilst one was 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
2020 4 DEC	£153,000	£157,052	3% below HPI
2019 28 FEB	£130,000	£139,500	7% below HPI
2018 1 JUN	£160,000	£143,596	11% above HPI

15 REIVERS GATE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 15 REIVERS GATE sales between June 2018 and December 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 February 2019 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2020 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 15 REIVERS GATE be worth now?

15 REIVERS GATE might now be worth an estimated £195,556.

This is based on house price inflation of 27.8%, between December 2020 and March 2025, for semi-detached 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 27.8% inflationary increase is applied to the most recent sale price for 15 REIVERS GATE of £153,000 on 4th December 2020. For the value to have increased from £153,000 to £195,556 over the five years and nine months to March 2025, the following assumptions must hold true:

• The value of 15 REIVERS GATE has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The December 2020 sale price of £153,000 represented a fair market value for the property.
• The size, condition, and specification of 15 REIVERS GATE has not materially changed since December 2020.

How Large is 15 REIVERS GATE?

15 REIVERS GATE is 46m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of semi-detached houses houses in Longhorsley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Longhorsley, and where 15 REIVERS GATE lies on this distribution: 1% of semi-detached houses houses are smaller than 15 REIVERS GATE, and 99% of houses are larger. Note that EPC data is not available for all properties in Longhorsley.

15 REIVERS GATE: Plot and Title Map

15 REIVERS GATE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 15 REIVERS GATE, 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 REIVERS GATE). 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 REIVERS GATE?

15 REIVERS GATE is located in LONGHORSLEY, in the NE65 postcode district. The below map shows the position of No. 15 on REIVERS GATE.