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

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.

MERCHISTON is a very small extended detached house of 86m², built sometime between 1900 and 1929, which could now be worth an estimated £269,414. It was last sold for £175,000 in May 2012, which was around 25% 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. All of the three MERCHISTON sales were 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
2012 10 MAY	£175,000	£233,704	25% below HPI
2006 28 APR	£232,000	£236,322	2% below HPI
1998 3 APR	£73,000	£89,493	18% 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 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2012 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might MERCHISTON be worth now?

MERCHISTON might now be worth an estimated £269,414.

This is based on house price inflation of 54%, between May 2012 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 54% inflationary increase is applied to the most recent sale price for MERCHISTON of £175,000 on 10th May 2012. For the value to have increased from £175,000 to £269,414 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of MERCHISTON has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The May 2012 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of MERCHISTON has not materially changed since May 2012.

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 houses in Rothbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rothbury, and where MERCHISTON lies on this distribution: 9% of detached houses 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.