2, THE CRESCENT, LOANSDEAN, MORPETH, NE61 2DQ - £540,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 THE CRESCENT is a small semi-detached house of 114m², built sometime between 1930 and 1949. It was last sold for £540,000 in June 2021, which was around 85% above the average June 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

2 THE CRESCENT Sold Prices

Land registry data shows two sales for 2 THE CRESCENT 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 THE CRESCENT 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
2021 29 JUN	£540,000	£291,776	85% above HPI
2016 5 DEC	£280,500	£250,607	12% above HPI

2 THE CRESCENT 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 THE CRESCENT sales from December 2016 and June 2021 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 December 2016 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2021 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

How Large is 2 THE CRESCENT?

2 THE CRESCENT is 114m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 40% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where 2 THE CRESCENT lies on this distribution: 35% of detached houses are smaller than 2 THE CRESCENT, and 62% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

2 THE CRESCENT: Plot and Title Map

2 THE CRESCENT sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 2 THE CRESCENT, 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 THE CRESCENT). 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 THE CRESCENT?

2 THE CRESCENT is located in LOANSDEAN, in the NE61 postcode district. The below map shows the position of No. 2 on THE CRESCENT.