1, THE COPPICE, SWARLAND, MORPETH, NE65 9LY - £328,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 THE COPPICE is a small detached house of 140m², built sometime between 1991 and 1995, which could now be worth an estimated £447,748. It was last sold for £328,000 in July 2019, which was around 24% above the average July 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was A.

1 THE COPPICE Sold Prices

Land registry data shows three sales for 1 THE COPPICE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 1 THE COPPICE 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
2019 3 JUL	£328,000	£263,565	24% above HPI
2008 20 JUN	£325,000	£271,026	20% above HPI
2000 6 MAR	£137,000	£99,327	38% above HPI

1 THE COPPICE 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 three 1 THE COPPICE sales between March 2000 and July 2019 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 June 2008 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the July 2019 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 1 THE COPPICE be worth now?

1 THE COPPICE might now be worth an estimated £447,748.

This is based on house price inflation of 36.5%, between July 2019 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.5% inflationary increase is applied to the most recent sale price for 1 THE COPPICE of £328,000 on 3rd July 2019. For the value to have increased from £328,000 to £447,748 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 1 THE COPPICE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The July 2019 sale price of £328,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE COPPICE has not materially changed since July 2019.

How Large is 1 THE COPPICE?

1 THE COPPICE is 140m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 40% of detached houses houses in Swarland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swarland, and where 1 THE COPPICE lies on this distribution: 31% of detached houses houses are smaller than 1 THE COPPICE, and 68% of houses are larger. Note that EPC data is not available for all properties in Swarland.

1 THE COPPICE: Plot and Title Map

1 THE COPPICE sits on a plot of roughly 0.243 of an acre, or 985m². The below map shows the location of 1 THE COPPICE, 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 1 THE COPPICE). 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 1 THE COPPICE?

1 THE COPPICE is located in SWARLAND, in the NE65 postcode district. The below map shows the position of No. 1 on THE COPPICE.