6, FERNWAY, MORPETH, NE61 1XJ - £220,000

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

6 FERNWAY is a very small detached house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £270,218. It was last sold for £220,000 in January 2021, which was around 25% below the average January 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

6 FERNWAY Sold Prices

Land registry data shows two sales for 6 FERNWAY 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 6 FERNWAY 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 JAN	£220,000	£292,925	25% below HPI
2012 15 MAR	£185,000	£233,016	21% below HPI

6 FERNWAY 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 6 FERNWAY sales from March 2012 and January 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 March 2012 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 6 FERNWAY be worth now?

6 FERNWAY might now be worth an estimated £270,218.

This is based on house price inflation of 22.8%, between January 2021 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 22.8% inflationary increase is applied to the most recent sale price for 6 FERNWAY of £220,000 on 29th January 2021. For the value to have increased from £220,000 to £270,218 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 6 FERNWAY has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The January 2021 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 6 FERNWAY has not materially changed since January 2021.

How Large is 6 FERNWAY?

6 FERNWAY is 78m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 10% 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 6 FERNWAY lies on this distribution: 8% of detached houses houses are smaller than 6 FERNWAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

6 FERNWAY: Plot and Title Map

6 FERNWAY sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 6 FERNWAY, 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 6 FERNWAY). 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 6 FERNWAY?

6 FERNWAY is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 6 on FERNWAY.