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

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.

9 FENNEL WAY is a very small detached house of 90m², which could now be worth an estimated £256,009. It was last sold for £215,000 in November 2021, which was around 29% 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	£302,156	29% below HPI
2018 31 MAY	£219,950	£266,594	17% 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 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 9 FENNEL WAY be worth now?

9 FENNEL WAY might now be worth an estimated £256,009.

This is based on house price inflation of 19.1%, between November 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 19.1% inflationary increase is applied to the most recent sale price for 9 FENNEL WAY of £215,000 on 29th November 2021. For the value to have increased from £215,000 to £256,009 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 9 FENNEL WAY has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The November 2021 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 9 FENNEL WAY has not materially changed since November 2021.

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 20% of detached houses houses in Fair Moor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fair Moor, and where 9 FENNEL WAY lies on this distribution: 19% of detached houses houses are smaller than 9 FENNEL WAY, and 81% 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.