CHERRYBURN, WAGTAIL ROAD, ROTHBURY, MORPETH, NE65 7PQ - £355,000

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

CHERRYBURN is a very large extended detached house of 234m², built sometime between 1996 and 2002. It was last sold for £355,000 in August 2019, which was around 36% above the average August 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was C.

CHERRYBURN Sold Prices

Land registry data shows three sales for CHERRYBURN 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. All of the three CHERRYBURN 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
2019 1 AUG	£355,000	£261,442	36% above HPI
2006 25 OCT	£325,000	£248,117	31% above HPI
2003 13 JUN	£237,500	£163,484	45% above HPI

CHERRYBURN 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 CHERRYBURN sales between June 2003 and August 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 October 2006 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the August 2019 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is CHERRYBURN?

CHERRYBURN is 234m², which includes three extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 10% of detached houses in Rothbury, based on EPC data. The below chart shows the distribution of detached houses by size in Rothbury, and where CHERRYBURN lies on this distribution: 96% of detached houses are smaller than CHERRYBURN, and 4% of houses are larger. Note that EPC data is not available for all properties in Rothbury.

CHERRYBURN: Plot and Title Map

CHERRYBURN sits on a plot of roughly 0.247 of an acre, or 999m². The below map shows the location of CHERRYBURN, 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 CHERRYBURN). 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 CHERRYBURN?

CHERRYBURN is located on WAGTAIL ROAD in ROTHBURY, in the NE65 postcode district. The below map shows the position of CHERRYBURN on WAGTAIL ROAD.