FALD HOUSE, STATION ROAD, WARKWORTH, MORPETH, NE65 0XP - £430,000

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

FALD HOUSE is a midsized extended detached house of 152m², built sometime between 1976 and 1982. It was last sold for £430,000 in February 2010, which was around 80% above the average February 2010 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was D.

FALD HOUSE Sold Prices

Land registry data shows two sales for FALD HOUSE 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 FALD HOUSE 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
2010 25 FEB	£430,000	£238,572	80% above HPI
1997 10 JUN	£150,000	£88,039	70% above HPI

FALD HOUSE 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 FALD HOUSE sales from June 1997 and February 2010 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 1997 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the February 2010 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is FALD HOUSE?

FALD HOUSE is 152m², which includes one extension, according to the EPC inspection conducted in April 2009. 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 FALD HOUSE lies on this distribution: 58% of detached houses are smaller than FALD HOUSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Warkworth.

FALD HOUSE: Plot and Title Map

FALD HOUSE sits on a plot of roughly 0.204 of an acre, or 827m². The below map shows the location of FALD HOUSE, 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 FALD HOUSE). 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 FALD HOUSE?

FALD HOUSE is located on STATION ROAD in WARKWORTH, in the NE65 postcode district. The below map shows the position of FALD HOUSE on STATION ROAD.