SPRING COTTAGE, STANNINGTON, MORPETH, NE61 6EP - £635,000

SPRING COTTAGE is a very large extended detached house of 179m², built sometime between 1976 and 1982. It was last sold for £635,000 in March 2022, which was around 112% above the average March 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

SPRING COTTAGE Sold Prices

Land registry data shows two sales for SPRING COTTAGE 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 SPRING COTTAGE 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
2022 4 MAR	£635,000	£300,075	112% above HPI
1997 23 DEC	£140,000	£86,202	62% above HPI

SPRING COTTAGE 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 SPRING COTTAGE sales from December 1997 and March 2022 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 1997 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the March 2022 sale, where it rises to 112% above the HPI. The line then continues to track at 112% above the HPI.

How Large is SPRING COTTAGE?

SPRING COTTAGE is 179m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 20% of detached houses in Stannington, based on EPC data. The below chart shows the distribution of detached houses by size in Stannington, and where SPRING COTTAGE lies on this distribution: 88% of detached houses are smaller than SPRING COTTAGE, and 13% of houses are larger. Note that EPC data is not available for all properties in Stannington.

SPRING COTTAGE: Plot and Title Map

SPRING COTTAGE sits on a plot of roughly 0.220 of an acre, or 891m². The below map shows the location of SPRING COTTAGE, 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 SPRING COTTAGE). 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 SPRING COTTAGE?

SPRING COTTAGE is located in STANNINGTON, in the NE61 postcode district. The below map shows the position of SPRING COTTAGE in STANNINGTON.