MALCOLM COTTAGE, THROPTON, MORPETH, NE65 7LR - £245,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MALCOLM COTTAGE is a small detached house of 117m², built sometime before 1900, which could now be worth an estimated £362,488. It was last sold for £245,000 in September 2013, which was around 1% above the average September 2013 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2012, where the current energy rating was G, and the potential energy rating was D.

MALCOLM COTTAGE Sold Prices

Land registry data shows two sales for MALCOLM COTTAGE 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. One of the two MALCOLM COTTAGE sales was for above the average price, whilst the other 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
2013 6 SEP	£245,000	£243,176	1% above HPI
2005 17 MAR	£154,000	£227,613	32% below HPI

MALCOLM COTTAGE 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 MALCOLM COTTAGE sales from March 2005 and September 2013 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 March 2005 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2013 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might MALCOLM COTTAGE be worth now?

MALCOLM COTTAGE might now be worth an estimated £362,488.

This is based on house price inflation of 48%, between September 2013 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48% inflationary increase is applied to the most recent sale price for MALCOLM COTTAGE of £245,000 on 6th September 2013. For the value to have increased from £245,000 to £362,488 over the twelve years and seven months to February 2025, the following assumptions must hold true:

• The value of MALCOLM COTTAGE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The September 2013 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of MALCOLM COTTAGE has not materially changed since September 2013.

How Large is MALCOLM COTTAGE?

MALCOLM COTTAGE is 117m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 30% of detached houses houses in Thropton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thropton, and where MALCOLM COTTAGE lies on this distribution: 27% of detached houses houses are smaller than MALCOLM COTTAGE, and 73% of houses are larger. Note that EPC data is not available for all properties in Thropton.

MALCOLM COTTAGE: Plot and Title Map

MALCOLM COTTAGE sits on a plot of roughly 0.155 of an acre, or 626m². The below map shows the location of MALCOLM COTTAGE, 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 MALCOLM COTTAGE). 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 MALCOLM COTTAGE?

MALCOLM COTTAGE is located in THROPTON, in the NE65 postcode district. The below map shows the position of MALCOLM COTTAGE in THROPTON.