NORTHCROFT, FAIRMOOR, MORPETH, NE61 3JN - £375,000

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

NORTHCROFT is a very large extended detached house of 300m², built sometime between 1930 and 1949. It was last sold for £375,000 in August 2004, which was around 77% above the average August 2004 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

NORTHCROFT Sold Prices

Land registry data shows two sales for NORTHCROFT 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 NORTHCROFT 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
2004 27 AUG	£375,000	£211,589	77% above HPI
2002 4 OCT	£240,000	£138,451	73% above HPI

NORTHCROFT 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 NORTHCROFT sales from October 2002 and August 2004 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 October 2002 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the August 2004 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is NORTHCROFT?

NORTHCROFT is 300m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 10% of detached houses in Fair Moor, based on EPC data. The below chart shows the distribution of detached houses by size in Fair Moor, and where NORTHCROFT lies on this distribution: 99% of detached houses are smaller than NORTHCROFT, and 1% of houses are larger. Note that EPC data is not available for all properties in Fair Moor.

NORTHCROFT: Plot and Title Map

NORTHCROFT sits on a plot of roughly 0.407 of an acre, or 1,645m². The below map shows the location of NORTHCROFT, 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 NORTHCROFT). 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 NORTHCROFT?

NORTHCROFT is located on FAIRMOOR in MORPETH, in the NE61 postcode district. The below map shows the position of NORTHCROFT on FAIRMOOR.