5, SWEETHOPE DENE, MORPETH, NE61 2DZ - £210,000

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.

5 SWEETHOPE DENE is a very small semi-detached house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £304,505. It was last sold for £210,000 in November 2017, which was around 51% above the average November 2017 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

5 SWEETHOPE DENE Sold Prices

Land registry data shows one sale for 5 SWEETHOPE DENE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2017 24 NOV	£210,000	£139,260	51% above HPI

What might 5 SWEETHOPE DENE be worth now?

5 SWEETHOPE DENE might now be worth an estimated £304,505.

This is based on house price inflation of 45%, between November 2017 and May 2026, for semi-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 45% inflationary increase is applied to the most recent sale price for 5 SWEETHOPE DENE of £210,000 on 24th November 2017. For the value to have increased from £210,000 to £304,505 over the nine years and six months to May 2026, the following assumptions must hold true:

• The value of 5 SWEETHOPE DENE has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The November 2017 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SWEETHOPE DENE has not materially changed since November 2017.

How Large is 5 SWEETHOPE DENE?

5 SWEETHOPE DENE is 58m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of semi-detached houses in Morpeth, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Morpeth, and where 5 SWEETHOPE DENE lies on this distribution: 4% of semi-detached houses are smaller than 5 SWEETHOPE DENE, and 95% of semi-detached houses are larger. Note that EPC data is not available for all properties in Morpeth.

5 SWEETHOPE DENE: Plot

5 SWEETHOPE DENE sits on a plot of roughly 0.071 of an acre, or 287m².

Where is 5 SWEETHOPE DENE?

5 SWEETHOPE DENE is located in MORPETH, in the NE61 postcode district.