6, THORP AVENUE, MORPETH, NE61 1JT - £1,000,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 THORP AVENUE is a very large detached house of 249m², built sometime between 1900 and 1929, which could now be worth an estimated £1,086,730. It was last sold for £1,000,000 in February 2023, which was around 202% above the average February 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was C.

6 THORP AVENUE Sold Prices

Land registry data shows two sales for 6 THORP AVENUE 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 THORP AVENUE 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
2023 3 FEB	£1,000,000	£331,075	202% above HPI
1995 27 JAN	£243,000	£83,396	191% above HPI

6 THORP AVENUE 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 THORP AVENUE sales from January 1995 and February 2023 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 January 1995 sale was for 191% above the HPI. So the extrapolation line tracks at 191% above the HPI over time, until the February 2023 sale, where it rises to 202% above the HPI. The line then continues to track at 202% above the HPI.

What might 6 THORP AVENUE be worth now?

6 THORP AVENUE might now be worth an estimated £1,086,730.

This is based on house price inflation of 8.7%, between February 2023 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 8.7% inflationary increase is applied to the most recent sale price for 6 THORP AVENUE of £1,000,000 on 3rd February 2023. For the value to have increased from £1,000,000 to £1,086,730 over the two years to February 2025, the following assumptions must hold true:

• The value of 6 THORP AVENUE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The February 2023 sale price of £1,000,000 represented a fair market value for the property.
• The size, condition, and specification of 6 THORP AVENUE has not materially changed since February 2023.

How Large is 6 THORP AVENUE?

6 THORP AVENUE is 249m² according to the EPC inspection conducted in June 2021. This puts it in the largest 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 THORP AVENUE lies on this distribution: 95% of detached houses houses are smaller than 6 THORP AVENUE, and 5% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

6 THORP AVENUE: Plot and Title Map

6 THORP AVENUE sits on a plot of roughly 0.389 of an acre, or 1,575m². The below map shows the location of 6 THORP AVENUE, 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 THORP AVENUE). 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 THORP AVENUE?

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