2, SPRINGWOOD, SWARLAND, MORPETH, NE65 9QS - £425,000

2 SPRINGWOOD is a very large detached house of 230m², built sometime between 1983 and 1990. It was last sold for £425,000 in December 2021, which was around 50% above the average December 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2010, where the current energy rating was F, and the potential energy rating was F.

2 SPRINGWOOD Sold Prices

Land registry data shows two sales for 2 SPRINGWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 2 SPRINGWOOD 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
2021 3 DEC	£425,000	£284,168	50% above HPI
2010 30 JUL	£335,000	£244,137	37% above HPI

2 SPRINGWOOD 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 two 2 SPRINGWOOD sales from July 2010 and December 2021 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 July 2010 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the December 2021 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 2 SPRINGWOOD?

2 SPRINGWOOD is 230m² according to the EPC inspection conducted in May 2010. This puts it in the largest 20% of detached houses in Swarland, based on EPC data. The below chart shows the distribution of detached houses by size in Swarland, and where 2 SPRINGWOOD lies on this distribution: 87% of detached houses are smaller than 2 SPRINGWOOD, and 13% of houses are larger. Note that EPC data is not available for all properties in Swarland.

2 SPRINGWOOD: Plot and Title Map

2 SPRINGWOOD sits on a plot of roughly 0.234 of an acre, or 948m². The below map shows the location of 2 SPRINGWOOD, 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 2 SPRINGWOOD). 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 2 SPRINGWOOD?

2 SPRINGWOOD is located in SWARLAND, in the NE65 postcode district. The below map shows the position of No. 2 on SPRINGWOOD.