RIVER VIEW COTTAGE, THE STANNERS, WARKWORTH, MORPETH, NE65 0UT - £310,000

RIVER VIEW COTTAGE is a very small detached house of 89m², built sometime between 1976 and 1982. It was last sold for £310,000 in October 2020, which was around 11% above the average October 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

RIVER VIEW COTTAGE Sold Prices

Land registry data shows four sales for RIVER VIEW COTTAGE 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. All of the four RIVER VIEW COTTAGE 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
2020 8 OCT	£310,000	£279,307	11% above HPI
2016 7 OCT	£290,000	£249,591	16% above HPI
2002 8 APR	£195,000	£117,608	66% above HPI
1996 29 MAR	£88,000	£77,032	14% above HPI

RIVER VIEW COTTAGE 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 RIVER VIEW COTTAGE sales between March 1996 and October 2020 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 2016 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the October 2020 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is RIVER VIEW COTTAGE?

RIVER VIEW COTTAGE is 89m² according to the EPC inspection conducted in April 2016. 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 RIVER VIEW COTTAGE lies on this distribution: 6% of detached houses are smaller than RIVER VIEW COTTAGE, and 94% of houses are larger. Note that EPC data is not available for all properties in Warkworth.

RIVER VIEW COTTAGE: Plot and Title Map

RIVER VIEW COTTAGE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of RIVER VIEW COTTAGE, 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 RIVER VIEW COTTAGE). 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 RIVER VIEW COTTAGE?

RIVER VIEW COTTAGE is located on THE STANNERS in WARKWORTH, in the NE65 postcode district. The below map shows the position of RIVER VIEW COTTAGE on THE STANNERS.