32, SLEEKBURN, MORPETH, NE61 2ZD - £199,950

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.

32 SLEEKBURN is a very small terraced house of 57m², built in 2020, which could now be worth an estimated £219,822. It was last sold for £199,950 in September 2023, which was around 30% above the average September 2023 terraced price in the Northumberland local authority area. The most recent EPC inspection was November 2021, where the current energy rating was B, and the potential energy rating was A.

32 SLEEKBURN Sold Prices

Land registry data shows two sales for 32 SLEEKBURN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Northumberland local authority area for the corresponding sale date. Both of the two 32 SLEEKBURN 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 29 SEP	£199,950	£153,578	30% above HPI
2022 11 FEB	£169,096	£137,444	23% above HPI

32 SLEEKBURN 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 two 32 SLEEKBURN sales from February 2022 and September 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 February 2022 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the September 2023 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 32 SLEEKBURN be worth now?

32 SLEEKBURN might now be worth an estimated £219,822.

This is based on house price inflation of 9.9%, between September 2023 and May 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 9.9% inflationary increase is applied to the most recent sale price for 32 SLEEKBURN of £199,950 on 29th September 2023. For the value to have increased from £199,950 to £219,822 over the three years and four months to May 2026, the following assumptions must hold true:

• The value of 32 SLEEKBURN has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The September 2023 sale price of £199,950 represented a fair market value for the property.
• The size, condition, and specification of 32 SLEEKBURN has not materially changed since September 2023.

How Large is 32 SLEEKBURN?

32 SLEEKBURN is 57m² according to the EPC inspection conducted in November 2021. 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 32 SLEEKBURN lies on this distribution: 1% of terraced houses houses are smaller than 32 SLEEKBURN, and 99% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

32 SLEEKBURN: Plot and Title Map

32 SLEEKBURN sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 32 SLEEKBURN, 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 32 SLEEKBURN). 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 32 SLEEKBURN?

32 SLEEKBURN is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 32 on SLEEKBURN.