SHARROW VALE, FAIRMOOR, MORPETH, NE61 3JJ - £355,000

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.

SHARROW VALE is a very large extended detached house of 196m², built sometime between 1967 and 1975, which could now be worth an estimated £436,166. It was last sold for £355,000 in April 2021, which was around 21% above the average April 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was A.

SHARROW VALE Sold Prices

Land registry data shows three sales for SHARROW VALE 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 SHARROW VALE sales were for above the average price, whilst one 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
2021 8 APR	£355,000	£292,836	21% above HPI
2003 26 FEB	£195,000	£149,351	31% above HPI
1997 18 MAR	£86,000	£87,516	2% below HPI

SHARROW VALE 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 SHARROW VALE sales between March 1997 and April 2021 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 February 2003 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the April 2021 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might SHARROW VALE be worth now?

SHARROW VALE might now be worth an estimated £436,166.

This is based on house price inflation of 22.9%, between April 2021 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 22.9% inflationary increase is applied to the most recent sale price for SHARROW VALE of £355,000 on 8th April 2021. For the value to have increased from £355,000 to £436,166 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of SHARROW VALE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The April 2021 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of SHARROW VALE has not materially changed since April 2021.

How Large is SHARROW VALE?

SHARROW VALE is 196m², which includes four extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 20% of detached houses houses in Fair Moor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fair Moor, and where SHARROW VALE lies on this distribution: 89% of detached houses houses are smaller than SHARROW VALE, and 11% of houses are larger. Note that EPC data is not available for all properties in Fair Moor.

SHARROW VALE: Plot and Title Map

SHARROW VALE sits on a plot of roughly 0.220 of an acre, or 892m². The below map shows the location of SHARROW VALE, 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 SHARROW VALE). 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 SHARROW VALE?

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