40, MATHESONS GARDENS, MORPETH, NE61 1ET - £171,500

40 MATHESONS GARDENS is a very small semi-detached house of 87m², built sometime between 1996 and 2002. It was last sold for £171,500 in September 2016, which was around 32% below the average September 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

40 MATHESONS GARDENS Sold Prices

Land registry data shows three sales for 40 MATHESONS GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 40 MATHESONS GARDENS 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
2016 6 SEP	£171,500	£253,705	32% below HPI
2013 31 JAN	£122,500	£223,852	45% below HPI
1998 18 DEC	£74,000	£93,430	21% below HPI

40 MATHESONS GARDENS 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 three 40 MATHESONS GARDENS sales between December 1998 and September 2016 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 January 2013 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the September 2016 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 40 MATHESONS GARDENS?

40 MATHESONS GARDENS is 87m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where 40 MATHESONS GARDENS lies on this distribution: 12% of detached houses are smaller than 40 MATHESONS GARDENS, and 87% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

40 MATHESONS GARDENS: Plot and Title Map

40 MATHESONS GARDENS sits on a plot of roughly 0.016 of an acre, or 66m². The below map shows the location of 40 MATHESONS GARDENS, 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 40 MATHESONS GARDENS). 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 40 MATHESONS GARDENS?

40 MATHESONS GARDENS is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 40 on MATHESONS GARDENS.