38, TOWNSEND CRESCENT, MORPETH, NE61 2XT - £330,000

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

38 TOWNSEND CRESCENT is a large extended detached house of 179m², built sometime between 1976 and 1982, which could now be worth an estimated £462,360. It was last sold for £330,000 in July 2016, which was around 29% above the average July 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

38 TOWNSEND CRESCENT Sold Prices

Land registry data shows three sales for 38 TOWNSEND CRESCENT since 1^st 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. The three 38 TOWNSEND CRESCENT sales were a mix of above the average price, and roughly equal to 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
2016 13 JUL	£330,000	£256,792	29% above HPI
2010 4 JUN	£249,950	£249,017	Close to HPI
1999 22 OCT	£102,000	£100,887	1% above HPI

38 TOWNSEND 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 three 38 TOWNSEND CRESCENT sales between October 1999 and July 2016 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 2010 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2016 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 38 TOWNSEND CRESCENT be worth now?

38 TOWNSEND CRESCENT might now be worth an estimated £462,360.

This is based on house price inflation of 40.1%, between July 2016 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 40.1% inflationary increase is applied to the most recent sale price for 38 TOWNSEND CRESCENT of £330,000 on 13th July 2016. For the value to have increased from £330,000 to £462,360 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 38 TOWNSEND CRESCENT has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The July 2016 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 38 TOWNSEND CRESCENT has not materially changed since July 2016.

How Large is 38 TOWNSEND CRESCENT?

38 TOWNSEND CRESCENT is 179m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the largest 30% 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 38 TOWNSEND CRESCENT lies on this distribution: 78% of detached houses houses are smaller than 38 TOWNSEND CRESCENT, and 22% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

38 TOWNSEND CRESCENT: Plot and Title Map

38 TOWNSEND CRESCENT sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 38 TOWNSEND 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 38 TOWNSEND 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 38 TOWNSEND CRESCENT?

38 TOWNSEND CRESCENT is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 38 on TOWNSEND CRESCENT.