2, WILLOWBURN, MORPETH, NE61 2FY - £168,667

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

2 WILLOWBURN is a very small detached house of 77m². It was last sold for £168,667 in October 2021, which was around 42% below the average October 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2017, where the current energy rating was B, and the potential energy rating was A.

2 WILLOWBURN Sold Prices

Land registry data shows two sales for 2 WILLOWBURN 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 WILLOWBURN 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
2021 29 OCT	£168,667	£290,924	42% below HPI
2017 15 DEC	£140,000	£255,103	45% below HPI

2 WILLOWBURN 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 WILLOWBURN sales from December 2017 and October 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 2017 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2021 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 2 WILLOWBURN?

2 WILLOWBURN is 77m² according to the EPC inspection conducted in November 2017. 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 WILLOWBURN lies on this distribution: 7% of detached houses are smaller than 2 WILLOWBURN, and 92% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

2 WILLOWBURN: Plot and Title Map

2 WILLOWBURN sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 2 WILLOWBURN, 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 WILLOWBURN). 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 WILLOWBURN?

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