3, THE BUTTS, WARKWORTH, MORPETH, NE65 0SS - £315,000

3 THE BUTTS is a very small extended detached house of 61m², built sometime before 1900. It was last sold for £315,000 in July 2022, which was around 3% above the average July 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2017, where the current energy rating was E, and the potential energy rating was B.

3 THE BUTTS Sold Prices

Land registry data shows four sales for 3 THE BUTTS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Most of the four 3 THE BUTTS sales were for below 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 19 JUL	£315,000	£306,313	3% above HPI
2018 20 AUG	£233,500	£262,254	11% below HPI
1999 3 SEP	£58,000	£97,365	40% below HPI
1998 10 APR	£38,750	£86,704	55% below HPI

3 THE BUTTS 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 four 3 THE BUTTS sales between April 1998 and July 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 August 2018 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2022 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 3 THE BUTTS?

3 THE BUTTS is 61m², which includes three extensions, according to the EPC inspection conducted in November 2017. This puts it in the smallest 10% of detached houses in Warkworth, based on EPC data. The below chart shows the distribution of detached houses by size in Warkworth, and where 3 THE BUTTS lies on this distribution: 1% of detached houses are smaller than 3 THE BUTTS, and 99% of houses are larger. Note that EPC data is not available for all properties in Warkworth.

3 THE BUTTS: Plot and Title Map

3 THE BUTTS sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 3 THE BUTTS, 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 3 THE BUTTS). 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 3 THE BUTTS?

3 THE BUTTS is located in WARKWORTH, in the NE65 postcode district. The below map shows the position of No. 3 on THE BUTTS.