18, CHERRY CLOSE, MORPETH, NE61 3FD - £179,950

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.

18 CHERRY CLOSE is a very small semi-detached house of 79m², which could now be worth an estimated £210,497. It was last sold for £179,950 in April 2022, which was around 8% above the average April 2022 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was February 2016, where the current energy rating was B, and the potential energy rating was A.

18 CHERRY CLOSE Sold Prices

Land registry data shows three sales for 18 CHERRY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. All of the three 18 CHERRY CLOSE 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 14 APR	£179,950	£166,913	8% above HPI
2019 22 NOV	£185,496	£141,293	31% above HPI
2016 1 APR	£213,495	£134,267	59% above HPI

18 CHERRY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 18 CHERRY CLOSE sales between April 2016 and April 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 2019 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the April 2022 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 18 CHERRY CLOSE be worth now?

18 CHERRY CLOSE might now be worth an estimated £210,497.

This is based on house price inflation of 17%, between April 2022 and February 2025, for semi-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 17% inflationary increase is applied to the most recent sale price for 18 CHERRY CLOSE of £179,950 on 14th April 2022. For the value to have increased from £179,950 to £210,497 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 18 CHERRY CLOSE has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The April 2022 sale price of £179,950 represented a fair market value for the property.
• The size, condition, and specification of 18 CHERRY CLOSE has not materially changed since April 2022.

How Large is 18 CHERRY CLOSE?

18 CHERRY CLOSE is 79m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of semi-detached houses houses in Fair Moor, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Fair Moor, and where 18 CHERRY CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 18 CHERRY CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Fair Moor.

18 CHERRY CLOSE: Plot and Title Map

18 CHERRY CLOSE sits on a plot of roughly 0.033 of an acre, or 134m². The below map shows the location of 18 CHERRY CLOSE, 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 18 CHERRY CLOSE). 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 18 CHERRY CLOSE?

18 CHERRY CLOSE is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 18 on CHERRY CLOSE.