9, FENNEL WAY, FAIRMOOR MEADOWS, MORPETH, NE61 3FF - £215,000

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

9 FENNEL WAY is a small detached house of 90m². It was last sold for £215,000 in November 2021, which was around 27% below the average November 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

9 FENNEL WAY Sold Prices

Land registry data shows two sales for 9 FENNEL WAY 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 9 FENNEL WAY 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 NOV	£215,000	£292,739	27% below HPI
2018 31 MAY	£219,950	£258,285	15% below HPI

9 FENNEL WAY 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 9 FENNEL WAY sales from May 2018 and November 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 May 2018 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 9 FENNEL WAY?

9 FENNEL WAY is 90m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 30% of detached houses in Fair Moor, based on EPC data. The below chart shows the distribution of detached houses by size in Fair Moor, and where 9 FENNEL WAY lies on this distribution: 21% of detached houses are smaller than 9 FENNEL WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Fair Moor.

9 FENNEL WAY: Plot and Title Map

9 FENNEL WAY sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 9 FENNEL 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 9 FENNEL 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 9 FENNEL WAY?

9 FENNEL WAY is located in FAIRMOOR MEADOWS, in the NE61 postcode district. The below map shows the position of No. 9 on FENNEL WAY.