MERCHISTON, BACK CROFTS, ROTHBURY, MORPETH, NE65 7YB - £175,000

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

MERCHISTON is a very small extended detached house of 86m², built sometime between 1900 and 1929. It was last sold for £175,000 in May 2012, which was around 23% below the average May 2012 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2009, where the current energy rating was F, and the potential energy rating was D.

MERCHISTON Sold Prices

Land registry data shows three sales for MERCHISTON 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. Two of the three MERCHISTON sales were for below the average price, whilst one was 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
2012 10 MAY	£175,000	£226,420	23% below HPI
2006 28 APR	£232,000	£228,957	1% above HPI
1998 3 APR	£73,000	£86,704	16% below HPI

MERCHISTON 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 MERCHISTON sales between April 1998 and May 2012 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 2006 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2012 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is MERCHISTON?

MERCHISTON is 86m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the smallest 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 MERCHISTON lies on this distribution: 9% of detached houses are smaller than MERCHISTON, and 91% of houses are larger. Note that EPC data is not available for all properties in Rothbury.

MERCHISTON: Plot and Title Map

MERCHISTON sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of MERCHISTON, 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 MERCHISTON). 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 MERCHISTON?

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