8, PARK ROAD, SWARLAND, MORPETH, NE65 9JD - £550,000

8 PARK ROAD is a very large extended detached house of 264m², built sometime before 1900. It was last sold for £550,000 in April 2019, which was around 120% above the average April 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2018, where the current energy rating was E, and the potential energy rating was D.

8 PARK ROAD Sold Prices

Land registry data shows two sales for 8 PARK ROAD 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. One of the two 8 PARK ROAD sales was for above the average price, whilst the other was 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
2019 4 APR	£550,000	£250,076	120% above HPI
2016 17 MAY	£205,000	£242,024	15% below HPI

8 PARK ROAD 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 8 PARK ROAD sales from May 2016 and April 2019 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 May 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2019 sale, where it rises to 120% above the HPI. The line then continues to track at 120% above the HPI.

How Large is 8 PARK ROAD?

8 PARK ROAD is 264m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 10% of detached houses in Swarland, based on EPC data. The below chart shows the distribution of detached houses by size in Swarland, and where 8 PARK ROAD lies on this distribution: 94% of detached houses are smaller than 8 PARK ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Swarland.

8 PARK ROAD: Plot and Title Map

8 PARK ROAD sits on a plot of roughly 0.558 of an acre, or 2,256m². The below map shows the location of 8 PARK ROAD, 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 8 PARK ROAD). 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 8 PARK ROAD?

8 PARK ROAD is located in SWARLAND, in the NE65 postcode district. The below map shows the position of No. 8 on PARK ROAD.