10, ASPEN WAY, MORPETH, NE61 3BF - £326,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 ASPEN WAY is a small detached house of 114m², which could now be worth an estimated £434,650. It was last sold for £326,000 in August 2019, which was around 21% above the average August 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2017, where the current energy rating was B, and the potential energy rating was A.

10 ASPEN WAY Sold Prices

Land registry data shows two sales for 10 ASPEN WAY 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 10 ASPEN WAY 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 30 AUG	£326,000	£269,852	21% above HPI
2017 22 SEP	£304,995	£266,330	15% above HPI

10 ASPEN WAY 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 10 ASPEN WAY sales from September 2017 and August 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 September 2017 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2019 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 10 ASPEN WAY be worth now?

10 ASPEN WAY might now be worth an estimated £434,650.

This is based on house price inflation of 33.3%, between August 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 33.3% inflationary increase is applied to the most recent sale price for 10 ASPEN WAY of £326,000 on 30th August 2019. For the value to have increased from £326,000 to £434,650 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 10 ASPEN WAY has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The August 2019 sale price of £326,000 represented a fair market value for the property.
• The size, condition, and specification of 10 ASPEN WAY has not materially changed since August 2019.

How Large is 10 ASPEN WAY?

10 ASPEN WAY is 114m² according to the EPC inspection conducted in September 2017. This puts it in the largest 50% of detached houses houses in Fair Moor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fair Moor, and where 10 ASPEN WAY lies on this distribution: 37% of detached houses houses are smaller than 10 ASPEN WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Fair Moor.

10 ASPEN WAY: Plot and Title Map

10 ASPEN WAY sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 10 ASPEN WAY, 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 10 ASPEN WAY). 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 10 ASPEN WAY?

10 ASPEN WAY is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 10 on ASPEN WAY.