94, MORWICK ROAD, WARKWORTH, MORPETH, NE65 0TF - £399,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

94 MORWICK ROAD is a midsized detached house of 149m². It was last sold for £399,000 in February 2020, which was around 56% above the average February 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2016, where the current energy rating was B, and the potential energy rating was A.

94 MORWICK ROAD Sold Prices

Land registry data shows three sales for 94 MORWICK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Two of the three 94 MORWICK ROAD sales were for above the average price, whilst one was 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
2020 17 FEB	£399,000	£255,356	56% above HPI
2018 22 JUN	£52,128	£258,754	80% below HPI
2016 17 JUN	£350,000	£240,792	45% above HPI

94 MORWICK ROAD 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 three 94 MORWICK ROAD sales between June 2016 and February 2020 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 June 2018 sale was for 80% below the HPI. So the extrapolation line tracks at 80% below the HPI over time, until the February 2020 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 94 MORWICK ROAD?

94 MORWICK ROAD is 149m² according to the EPC inspection conducted in May 2016. This puts it in the largest 50% of detached houses in Warkworth, based on EPC data. The below chart shows the distribution of detached houses by size in Warkworth, and where 94 MORWICK ROAD lies on this distribution: 55% of detached houses are smaller than 94 MORWICK ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Warkworth.

94 MORWICK ROAD: Plot and Title Map

94 MORWICK ROAD sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 94 MORWICK ROAD, 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 94 MORWICK ROAD). 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 94 MORWICK ROAD?

94 MORWICK ROAD is located in WARKWORTH, in the NE65 postcode district. The below map shows the position of No. 94 on MORWICK ROAD.