WOODLEA, HIGH STANNERS, MORPETH, NE61 1QL - £675,000

WOODLEA is a large detached house of 171m², built sometime between 1900 and 1929. It was last sold for £675,000 in April 2021, which was around 138% above the average April 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was C.

WOODLEA Sold Prices

Land registry data shows two sales for WOODLEA 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 WOODLEA 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
2021 8 APR	£675,000	£283,709	138% above HPI
2016 22 MAR	£450,000	£243,545	85% above HPI

WOODLEA 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 WOODLEA sales from March 2016 and April 2021 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 March 2016 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the April 2021 sale, where it rises to 138% above the HPI. The line then continues to track at 138% above the HPI.

How Large is WOODLEA?

WOODLEA is 171m² according to the EPC inspection conducted in January 2021. This puts it in the largest 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 WOODLEA lies on this distribution: 74% of detached houses are smaller than WOODLEA, and 26% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

WOODLEA: Plot and Title Map

WOODLEA sits on a plot of roughly 0.297 of an acre, or 1,203m². The below map shows the location of WOODLEA, 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 WOODLEA). 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 WOODLEA?

WOODLEA is located on HIGH STANNERS in MORPETH, in the NE61 postcode district. The below map shows the position of WOODLEA on HIGH STANNERS.