FAIRCROFT, BEAL BANK, WARKWORTH, MORPETH, NE65 0TB - £125,000

FAIRCROFT is a very large extended detached house of 287m², built sometime between 1967 and 1975. It was last sold for £125,000 in August 1996, which was around 46% above the average August 1996 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was C.

FAIRCROFT Sold Prices

Land registry data shows two sales for FAIRCROFT 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 FAIRCROFT 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
1996 30 AUG	£125,000	£85,675	46% above HPI
1995 27 JAN	£133,000	£80,797	65% above HPI

FAIRCROFT 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 FAIRCROFT sales from January 1995 and August 1996 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 January 1995 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the August 1996 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is FAIRCROFT?

FAIRCROFT is 287m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the largest 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 FAIRCROFT lies on this distribution: 97% of detached houses are smaller than FAIRCROFT, and 3% of houses are larger. Note that EPC data is not available for all properties in Warkworth.

FAIRCROFT: Plot and Title Map

FAIRCROFT sits on a plot of roughly 0.470 of an acre, or 1,902m². The below map shows the location of FAIRCROFT, 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 FAIRCROFT). 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 FAIRCROFT?

FAIRCROFT is located on BEAL BANK in WARKWORTH, in the NE65 postcode district. The below map shows the position of FAIRCROFT on BEAL BANK.