38, ELEVENTH AVENUE, MORPETH, NE61 2EZ - £115,000

38 ELEVENTH AVENUE is a very small detached house of 45m², built sometime between 1976 and 1982. It was last sold for £115,000 in January 2020, which was around 55% below the average January 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

38 ELEVENTH AVENUE Sold Prices

Land registry data shows two sales for 38 ELEVENTH AVENUE 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 38 ELEVENTH AVENUE sales were 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
2020 17 JAN	£115,000	£253,368	55% below HPI
2014 19 DEC	£106,000	£235,538	55% below HPI

38 ELEVENTH AVENUE 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 38 ELEVENTH AVENUE sales from December 2014 and January 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 December 2014 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the January 2020 sale, which was also at 55% below the HPI.

How Large is 38 ELEVENTH AVENUE?

38 ELEVENTH AVENUE is 45m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where 38 ELEVENTH AVENUE lies on this distribution: Less than 1% of detached houses are smaller than 38 ELEVENTH AVENUE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

38 ELEVENTH AVENUE: Plot and Title Map

38 ELEVENTH AVENUE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 38 ELEVENTH AVENUE, 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 38 ELEVENTH AVENUE). 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 38 ELEVENTH AVENUE?

38 ELEVENTH AVENUE is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 38 on ELEVENTH AVENUE.