Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 WHINHAM WAY is a very small detached house of 72m², built sometime between 1983 and 1990. It was last sold for £340,000 in September 2021, which was around 17% above the average September 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 2 WHINHAM WAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 2 WHINHAM 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 |
---|---|---|---|
2021 3 SEP | £340,000 | £290,345 | 17% above HPI |
2014 11 JUL | £269,950 | £233,984 | 15% above HPI |
2004 5 MAR | £205,000 | £187,461 | 9% above HPI |
The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The three 2 WHINHAM WAY sales between March 2004 and September 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 July 2014 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2021 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.
2 WHINHAM WAY is 72m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% 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 WHINHAM WAY lies on this distribution: 4% of detached houses are smaller than 2 WHINHAM WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Morpeth.
2 WHINHAM WAY sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 2 WHINHAM 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 WHINHAM 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.
2 WHINHAM WAY is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 2 on WHINHAM WAY.