17, BOWYER WAY, MORPETH, NE61 2FZ - £146,995

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.

17 BOWYER WAY is a very small terraced house of 57m², which could now be worth an estimated £208,497. It was last sold for £146,995 in January 2020, which was around 27% above the average January 2020 terraced price in the Northumberland local authority area. The most recent EPC inspection was October 2019, where the current energy rating was B, and the potential energy rating was A.

17 BOWYER WAY Sold Prices

Land registry data shows two sales for 17 BOWYER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Northumberland local authority area for the corresponding sale date. Both of the two 17 BOWYER 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
2020 24 JAN	£146,995	£115,878	27% above HPI
2018 9 JUL	£6,250,000	£118,970	5153% above HPI

17 BOWYER WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Northumberland local authority area over time, sourced from the HPI. The two 17 BOWYER WAY sales from July 2018 and January 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 July 2018 sale was for 5153% above the HPI. So the extrapolation line tracks at 5153% above the HPI over time, until the January 2020 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 17 BOWYER WAY be worth now?

17 BOWYER WAY might now be worth an estimated £208,497.

This is based on house price inflation of 41.8%, between January 2020 and July 2025, for terraced 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 41.8% inflationary increase is applied to the most recent sale price for 17 BOWYER WAY of £146,995 on 24th January 2020. For the value to have increased from £146,995 to £208,497 over the four years and six months to July 2025, the following assumptions must hold true:

• The value of 17 BOWYER WAY has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The January 2020 sale price of £146,995 represented a fair market value for the property.
• The size, condition, and specification of 17 BOWYER WAY has not materially changed since January 2020.

How Large is 17 BOWYER WAY?

17 BOWYER WAY is 57m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of terraced houses houses in Morpeth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Morpeth, and where 17 BOWYER WAY lies on this distribution: 1% of terraced houses houses are smaller than 17 BOWYER WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

17 BOWYER WAY: Plot and Title Map

17 BOWYER WAY sits on a plot of roughly 0.031 of an acre, or 125m². The below map shows the location of 17 BOWYER 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 17 BOWYER 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 17 BOWYER WAY?

17 BOWYER WAY is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 17 on BOWYER WAY.