MELVEEN, THE KYLINS, MORPETH, NE61 2DJ - £395,000

MELVEEN is a small detached house of 101m², built sometime between 1976 and 1982. It was last sold for £395,000 in December 2015, which was around 61% above the average December 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

MELVEEN Sold Prices

Land registry data shows three sales for MELVEEN 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 MELVEEN 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
2015 4 DEC	£395,000	£245,486	61% above HPI
2009 4 SEP	£330,000	£239,097	38% above HPI
2004 8 SEP	£285,000	£219,206	30% above HPI

MELVEEN 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 MELVEEN sales between September 2004 and December 2015 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 September 2009 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the December 2015 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is MELVEEN?

MELVEEN is 101m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 30% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where MELVEEN lies on this distribution: 23% of detached houses are smaller than MELVEEN, and 77% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

MELVEEN: Plot and Title Map

MELVEEN sits on a plot of roughly 0.323 of an acre, or 1,308m². The below map shows the location of MELVEEN, 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 MELVEEN). 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 MELVEEN?

MELVEEN is located on THE KYLINS in MORPETH, in the NE61 postcode district. The below map shows the position of MELVEEN on THE KYLINS.