10, THE CROSSWAY, LOANSDEAN, MORPETH, NE61 2DA - £340,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

10 THE CROSSWAY is a midsized extended detached house of 139m², built sometime between 1950 and 1966. It was last sold for £340,000 in March 2022, which was around 13% above the average March 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

10 THE CROSSWAY Sold Prices

Land registry data shows four sales for 10 THE CROSSWAY 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 10 THE CROSSWAY 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
2022 4 MAR	£340,000	£300,075	13% above HPI
2008 12 NOV	£281,000	£244,452	15% above HPI
2006 20 DEC	£295,000	£246,253	20% above HPI
1998 25 NOV	£109,000	£95,268	14% above HPI

10 THE CROSSWAY 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 10 THE CROSSWAY sales between November 1998 and March 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 November 2008 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2022 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 10 THE CROSSWAY?

10 THE CROSSWAY is 139m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 50% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where 10 THE CROSSWAY lies on this distribution: 57% of detached houses are smaller than 10 THE CROSSWAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

10 THE CROSSWAY: Plot and Title Map

10 THE CROSSWAY sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 10 THE CROSSWAY, 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 THE CROSSWAY). 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 THE CROSSWAY?

10 THE CROSSWAY is located in LOANSDEAN, in the NE61 postcode district. The below map shows the position of No. 10 on THE CROSSWAY.