NEW BARNS HOUSE, WARKWORTH AVENUE, WARKWORTH, MORPETH, NE65 0TP - £299,950

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.

NEW BARNS HOUSE is a very small detached house of 74m², built sometime between 2003 and 2006, which could now be worth an estimated £470,382. It was last sold for £299,950 in February 2012, which was around 31% above the average February 2012 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

NEW BARNS HOUSE Sold Prices

Land registry data shows two sales for NEW BARNS HOUSE 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 NEW BARNS HOUSE 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
2012 15 FEB	£299,950	£229,428	31% above HPI
2008 7 AUG	£277,000	£261,976	6% above HPI

NEW BARNS HOUSE 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 NEW BARNS HOUSE sales from August 2008 and February 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 August 2008 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the February 2012 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might NEW BARNS HOUSE be worth now?

NEW BARNS HOUSE might now be worth an estimated £470,382.

This is based on house price inflation of 56.8%, between February 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 56.8% inflationary increase is applied to the most recent sale price for NEW BARNS HOUSE of £299,950 on 15th February 2012. For the value to have increased from £299,950 to £470,382 over the thirteen years to February 2025, the following assumptions must hold true:

• The value of NEW BARNS HOUSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The February 2012 sale price of £299,950 represented a fair market value for the property.
• The size, condition, and specification of NEW BARNS HOUSE has not materially changed since February 2012.

How Large is NEW BARNS HOUSE?

NEW BARNS HOUSE is 74m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses houses in Warkworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warkworth, and where NEW BARNS HOUSE lies on this distribution: 4% of detached houses houses are smaller than NEW BARNS HOUSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Warkworth.

NEW BARNS HOUSE: Plot and Title Map

NEW BARNS HOUSE sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of NEW BARNS HOUSE, 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 NEW BARNS HOUSE). 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 NEW BARNS HOUSE?

NEW BARNS HOUSE is located on WARKWORTH AVENUE in WARKWORTH, in the NE65 postcode district. The below map shows the position of NEW BARNS HOUSE on WARKWORTH AVENUE.