Lane Head, Morpeth
Lane Head, Morpeth
Description & Estimates
The public record describes Lane Head, Morpeth as a period house with 3,186 ft2 of internal area, sitting on a 1,868 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
Lane Head, Morpeth has an estimated sale value of £558,214 and an estimated rental value of £2,241 per month, assuming reasonable condition and based on the information available.
Felton, Morpeth, NE65 lies within the NE65 postal district.
Our Data Sources
Lane Head, Morpeth has no records in the the Land Registry and a single entry in the EPC database dated July 2012.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Lane Head, Morpeth would be worth £586,125, with a potential rental value of £2,353 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £519,139, with a rental value of £2,084 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Lane Head, Morpeth has decreased by £345 (0.1%) over the last year. During the same period, its estimated monthly rental value has grown by £32 (1.4%). The property's estimated gross yield is currently 4.8%.
Plot Size
Lane Head, Morpeth occupies a 1,868 m2 plot as recorded by HM Land Registry.
All 3 other houses in this postcode have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
Lane Head, Morpeth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jul 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 5.1 kilometres of Lane Head, Morpeth across the last 2 years.
Most recently, 11, Chesterwell, Morpeth, NE65 9NA, a freehold house, sold at £615,000 on the 2nd May 2024.
Read more about house prices in NE65.
- Sold May 2024£615,000 | 5 Bed House11, Chesterwell, Morpeth, NE65 9NA11, Chesterwell, Morpeth, NE65 9NA
- Sold Nov 2020£458,000 | 5 Bed House2, Low Pastures, Morpeth, NE65 9LZ2, Low Pastures, Morpeth, NE65 9LZ
- Sold Aug 2019£450,000 | 5 Bed House1, Low Wood, Morpeth, NE65 9PB1, Low Wood, Morpeth, NE65 9PB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Lane Head, Morpeth as the 21st largest and the 70th most expensive of the 169 addresses on Felton, Morpeth, NE65.
Against the NE65 postcode district average, it is £264k more expensive than the typical property.
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Schools Nearby
- 1.8kmFelton Church of England Primary School
- 2.0kmSwarland Primary School
- 6.7kmShilbottle Primary School
- 8.3kmJames Calvert Spence College
- 9.3kmThe Duchess's Community High School
- 15.8kmThe King Edward VI School
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Public Transport Nearby
Acklington station is the nearest stop to Lane Head, Morpeth at 4.6 kilometres away.
- 4.6kmAcklington
- 10.2kmAlnmouth
- 10.7kmWiddrington
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
