4, THE CROSSWAY, LOANSDEAN, MORPETH, NE61 2DA - £320,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 THE CROSSWAY is a large extended detached house of 147m², built sometime between 1930 and 1949. It was last sold for £320,000 in December 2006, which was around 30% above the average December 2006 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was C.

4 THE CROSSWAY Sold Prices

Land registry data shows two sales for 4 THE CROSSWAY 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 4 THE CROSSWAY 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
2006 19 DEC	£320,000	£246,253	30% above HPI
2004 23 APR	£249,000	£186,418	34% above HPI

4 THE CROSSWAY 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 4 THE CROSSWAY sales from April 2004 and December 2006 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 April 2004 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the December 2006 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 4 THE CROSSWAY?

4 THE CROSSWAY is 147m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the largest 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 4 THE CROSSWAY lies on this distribution: 64% of detached houses are smaller than 4 THE CROSSWAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

4 THE CROSSWAY: Plot and Title Map

4 THE CROSSWAY sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 4 THE CROSSWAY, 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 4 THE CROSSWAY). 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 4 THE CROSSWAY?

4 THE CROSSWAY is located in LOANSDEAN, in the NE61 postcode district. The below map shows the position of No. 4 on THE CROSSWAY.