2, COOPER WAY, MORPETH, NE61 2ZP - £226,250

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

2 COOPER WAY is a very small detached house of 89m², which could now be worth an estimated £308,851. It was last sold for £226,250 in July 2019, which was around 14% below the average July 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2017, where the current energy rating was B, and the potential energy rating was A.

2 COOPER WAY Sold Prices

Land registry data shows two sales for 2 COOPER 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 2 COOPER WAY sales were for below 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 12 JUL	£226,250	£263,565	14% below HPI
2017 30 JUN	£224,995	£258,171	13% below HPI

2 COOPER 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 2 COOPER WAY sales from June 2017 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 2017 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2019 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 COOPER WAY be worth now?

2 COOPER WAY might now be worth an estimated £308,851.

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 2 COOPER WAY of £226,250 on 12th July 2019. For the value to have increased from £226,250 to £308,851 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 2 COOPER WAY has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The July 2019 sale price of £226,250 represented a fair market value for the property.
• The size, condition, and specification of 2 COOPER WAY has not materially changed since July 2019.

How Large is 2 COOPER WAY?

2 COOPER WAY is 89m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% of detached houses houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morpeth, and where 2 COOPER WAY lies on this distribution: 14% of detached houses houses are smaller than 2 COOPER WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

2 COOPER WAY: Plot and Title Map

2 COOPER WAY sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 2 COOPER 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 2 COOPER 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 2 COOPER WAY?

2 COOPER WAY is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 2 on COOPER WAY.