GREENACRES, BACK CROFTS, ROTHBURY, MORPETH, NE65 7YB - £550,000

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

GREENACRES is a very large extended detached house of 180m², built sometime between 1950 and 1966. It was last sold for £550,000 in January 2022, which was around 87% above the average January 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2021, where the current energy rating was E, and the potential energy rating was C.

GREENACRES Sold Prices

Land registry data shows two sales for GREENACRES 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 GREENACRES 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
2022 19 JAN	£550,000	£293,648	87% above HPI
1998 14 APR	£175,000	£86,704	102% above HPI

GREENACRES 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 GREENACRES sales from April 1998 and January 2022 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 April 1998 sale was for 102% above the HPI. So the extrapolation line tracks at 102% above the HPI over time, until the January 2022 sale, where it falls to 87% above the HPI. The line then continues to track at 87% above the HPI.

How Large is GREENACRES?

GREENACRES is 180m², which includes three extensions, according to the EPC inspection conducted in September 2021. This puts it in the largest 20% of detached houses in Rothbury, based on EPC data. The below chart shows the distribution of detached houses by size in Rothbury, and where GREENACRES lies on this distribution: 81% of detached houses are smaller than GREENACRES, and 19% of houses are larger. Note that EPC data is not available for all properties in Rothbury.

GREENACRES: Plot and Title Map

GREENACRES sits on a plot of roughly 1.4 acres, or 5,614m². The below map shows the location of GREENACRES, 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 GREENACRES). 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 GREENACRES?

GREENACRES is located on BACK CROFTS in ROTHBURY, in the NE65 postcode district. The below map shows the position of GREENACRES on BACK CROFTS.