LARCH VIEW, THE CRESCENT, CRESSWELL, MORPETH, NE61 5JS - £340,000

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

LARCH VIEW is a midsized extended detached house of 105m², built sometime between 1976 and 1982. It was last sold for £340,000 in November 2023, which was around 5% above the average November 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was A.

LARCH VIEW Sold Prices

Land registry data shows three sales for LARCH VIEW 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 LARCH VIEW 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
2023 3 NOV	£340,000	£324,509	5% above HPI
2002 9 AUG	£165,000	£134,088	23% above HPI
1998 2 DEC	£112,000	£93,430	20% above HPI

LARCH VIEW 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 LARCH VIEW sales between December 1998 and November 2023 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 August 2002 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the November 2023 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is LARCH VIEW?

LARCH VIEW is 105m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 50% of detached houses in Ellington, based on EPC data. The below chart shows the distribution of detached houses by size in Ellington, and where LARCH VIEW lies on this distribution: 41% of detached houses are smaller than LARCH VIEW, and 56% of houses are larger. Note that EPC data is not available for all properties in Ellington.

LARCH VIEW: Plot and Title Map

LARCH VIEW sits on a plot of roughly 483.0 acres, or 1,954,563m². The below map shows the location of LARCH VIEW, 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 LARCH VIEW). 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 LARCH VIEW?

LARCH VIEW is located on THE CRESCENT in CRESSWELL, in the NE61 postcode district. The below map shows the position of LARCH VIEW on THE CRESCENT.