2, SMITHS CLOSE, MORPETH, NE61 2ZF - £327,395

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 SMITHS CLOSE is a small detached house of 114m², built in 2018, which could now be worth an estimated £390,987. It was last sold for £327,395 in June 2021, which was around 9% above the average June 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2021, where the current energy rating was B, and the potential energy rating was A.

2 SMITHS CLOSE Sold Prices

Land registry data shows one sale for 2 SMITHS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Northumberland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 18 JUN	£327,395	£301,163	9% above HPI

What might 2 SMITHS CLOSE be worth now?

2 SMITHS CLOSE might now be worth an estimated £390,987.

This is based on house price inflation of 19.4%, between June 2021 and April 2026, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.4% inflationary increase is applied to the most recent sale price for 2 SMITHS CLOSE of £327,395 on 18th June 2021. For the value to have increased from £327,395 to £390,987 over the five years and two months to April 2026, the following assumptions must hold true:

• The value of 2 SMITHS CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The June 2021 sale price of £327,395 represented a fair market value for the property.
• The size, condition, and specification of 2 SMITHS CLOSE has not materially changed since June 2021.

How Large is 2 SMITHS CLOSE?

2 SMITHS CLOSE is 114m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 40% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where 2 SMITHS CLOSE lies on this distribution: 35% of detached houses are smaller than 2 SMITHS CLOSE, and 62% of detached houses are larger. Note that EPC data is not available for all properties in Morpeth.

2 SMITHS CLOSE: Plot

2 SMITHS CLOSE sits on a plot of roughly 0.064 of an acre, or 258m².

Where is 2 SMITHS CLOSE?

2 SMITHS CLOSE is located in MORPETH, in the NE61 postcode district.