FAIRWAYS, CHURCH LANE, THROPTON, MORPETH, NE65 7JA - £325,000

FAIRWAYS is a small extended detached house of 116m², built sometime between 1930 and 1949. It was last sold for £325,000 in August 2022, which was around 3% above the average August 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was D.

FAIRWAYS Sold Prices

Land registry data shows four sales for FAIRWAYS 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 FAIRWAYS 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 22 AUG	£325,000	£316,248	3% above HPI
2007 10 OCT	£220,000	£260,342	15% below HPI
2007 13 JUN	£168,000	£252,727	34% below HPI
2006 15 FEB	£196,000	£229,789	15% below HPI

FAIRWAYS 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 FAIRWAYS sales between February 2006 and August 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 October 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2022 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is FAIRWAYS?

FAIRWAYS is 116m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% of detached houses in Thropton, based on EPC data. The below chart shows the distribution of detached houses by size in Thropton, and where FAIRWAYS lies on this distribution: 23% of detached houses are smaller than FAIRWAYS, and 77% of houses are larger. Note that EPC data is not available for all properties in Thropton.

FAIRWAYS: Plot and Title Map

FAIRWAYS sits on a plot of roughly 0.207 of an acre, or 838m². The below map shows the location of FAIRWAYS, 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 FAIRWAYS). 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 FAIRWAYS?

FAIRWAYS is located on CHURCH LANE in THROPTON, in the NE65 postcode district. The below map shows the position of FAIRWAYS on CHURCH LANE.