19, THE COVERS, MORPETH, NE61 2RU - £185,000

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.

19 THE COVERS is a very small terraced house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £202,232. It was last sold for £185,000 in November 2023, which was around 23% above the average November 2023 terraced price in the Northumberland local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

19 THE COVERS Sold Prices

Land registry data shows four sales for 19 THE COVERS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Northumberland local authority area for the corresponding sale date. All of the four 19 THE COVERS 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
2023 6 NOV	£185,000	£150,933	23% above HPI
2022 16 JUN	£182,500	£142,247	28% above HPI
2005 3 MAY	£164,000	£105,417	56% above HPI
1995 29 JUN	£55,000	£34,807	58% above HPI

19 THE COVERS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Northumberland local authority area over time, sourced from the HPI. The four 19 THE COVERS sales between June 1995 and November 2023 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 June 2022 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the November 2023 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 19 THE COVERS be worth now?

19 THE COVERS might now be worth an estimated £202,232.

This is based on house price inflation of 9.3%, between November 2023 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 9.3% inflationary increase is applied to the most recent sale price for 19 THE COVERS of £185,000 on 6th November 2023. For the value to have increased from £185,000 to £202,232 over the three years and seven months to April 2026, the following assumptions must hold true:

• The value of 19 THE COVERS has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The November 2023 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 19 THE COVERS has not materially changed since November 2023.

How Large is 19 THE COVERS?

19 THE COVERS is 55m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of terraced houses houses in Morpeth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Morpeth, and where 19 THE COVERS lies on this distribution: Less than 1% of terraced houses houses are smaller than 19 THE COVERS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

19 THE COVERS: Plot and Title Map

19 THE COVERS sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 19 THE COVERS, 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 19 THE COVERS). 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 19 THE COVERS?

19 THE COVERS is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 19 on THE COVERS.