5, MAGDALENE FIELDS, WARKWORTH, MORPETH, NE65 0UF - £370,000

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

5 MAGDALENE FIELDS is a very small detached house of 90m², built sometime between 1983 and 1990. It was last sold for £370,000 in March 2022, which was around 23% above the average March 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

5 MAGDALENE FIELDS Sold Prices

Land registry data shows three sales for 5 MAGDALENE FIELDS 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. Two of the three 5 MAGDALENE FIELDS sales were for above the average price, whilst one was 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
2022 10 MAR	£370,000	£301,366	23% above HPI
2007 17 JUL	£240,000	£258,969	7% below HPI
1998 16 APR	£92,000	£86,704	6% above HPI

5 MAGDALENE FIELDS 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 5 MAGDALENE FIELDS sales between April 1998 and March 2022 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 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2022 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 5 MAGDALENE FIELDS?

5 MAGDALENE FIELDS is 90m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of detached houses in Warkworth, based on EPC data. The below chart shows the distribution of detached houses by size in Warkworth, and where 5 MAGDALENE FIELDS lies on this distribution: 7% of detached houses are smaller than 5 MAGDALENE FIELDS, and 93% of houses are larger. Note that EPC data is not available for all properties in Warkworth.

5 MAGDALENE FIELDS: Plot and Title Map

5 MAGDALENE FIELDS sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 5 MAGDALENE FIELDS, 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 5 MAGDALENE FIELDS). 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 5 MAGDALENE FIELDS?

5 MAGDALENE FIELDS is located in WARKWORTH, in the NE65 postcode district. The below map shows the position of No. 5 on MAGDALENE FIELDS.