66, BOWYER WAY, MORPETH, NE61 2GD - £41,250

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.

66 BOWYER WAY is a very small semi-detached house of 63m², which could now be worth an estimated £56,781. It was last sold for £41,250 in July 2019, which was around 71% below the average July 2019 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was May 2018, where the current energy rating was B, and the potential energy rating was A.

66 BOWYER WAY Sold Prices

Land registry data shows two sales for 66 BOWYER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. One of the two 66 BOWYER WAY sales was for below the average price, whilst the other was 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
2019 22 JUL	£41,250	£141,841	71% below HPI
2018 19 DEC	£150,000	£141,224	6% above HPI

66 BOWYER WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 66 BOWYER WAY sales from December 2018 and July 2019 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 December 2018 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2019 sale, where it falls to 71% below the HPI. The line then continues to track at 71% below the HPI.

What might 66 BOWYER WAY be worth now?

66 BOWYER WAY might now be worth an estimated £56,781.

This is based on house price inflation of 37.7%, between July 2019 and February 2025, for semi-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 37.7% inflationary increase is applied to the most recent sale price for 66 BOWYER WAY of £41,250 on 22nd July 2019. For the value to have increased from £41,250 to £56,781 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 66 BOWYER WAY has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The July 2019 sale price of £41,250 represented a fair market value for the property.
• The size, condition, and specification of 66 BOWYER WAY has not materially changed since July 2019.

How Large is 66 BOWYER WAY?

66 BOWYER WAY is 63m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of semi-detached houses houses in Morpeth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Morpeth, and where 66 BOWYER WAY lies on this distribution: 2% of semi-detached houses houses are smaller than 66 BOWYER WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

66 BOWYER WAY: Plot and Title Map

66 BOWYER WAY sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 66 BOWYER WAY, 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 66 BOWYER WAY). 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 66 BOWYER WAY?

66 BOWYER WAY is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 66 on BOWYER WAY.