WARKWORTH COTTAGE, MORWICK ROAD, WARKWORTH, MORPETH, NE65 0TQ - £445,000

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

WARKWORTH COTTAGE is a very large extended detached house of 270m², built sometime between 1950 and 1966. It was last sold for £445,000 in February 2014, which was around 94% above the average February 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

WARKWORTH COTTAGE Sold Prices

Land registry data shows two sales for WARKWORTH COTTAGE 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 WARKWORTH COTTAGE 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
2014 28 FEB	£445,000	£229,659	94% above HPI
1995 12 DEC	£123,444	£79,459	55% above HPI

WARKWORTH COTTAGE 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 WARKWORTH COTTAGE sales from December 1995 and February 2014 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 December 1995 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the February 2014 sale, where it rises to 94% above the HPI. The line then continues to track at 94% above the HPI.

How Large is WARKWORTH COTTAGE?

WARKWORTH COTTAGE is 270m², which includes four extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 10% of detached houses in Warkworth, based on EPC data. The below chart shows the distribution of detached houses by size in Warkworth, and where WARKWORTH COTTAGE lies on this distribution: 95% of detached houses are smaller than WARKWORTH COTTAGE, and 5% of houses are larger. Note that EPC data is not available for all properties in Warkworth.

WARKWORTH COTTAGE: Plot and Title Map

WARKWORTH COTTAGE sits on a plot of roughly 0.296 of an acre, or 1,199m². The below map shows the location of WARKWORTH COTTAGE, 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 WARKWORTH COTTAGE). 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 WARKWORTH COTTAGE?

WARKWORTH COTTAGE is located on MORWICK ROAD in WARKWORTH, in the NE65 postcode district. The below map shows the position of WARKWORTH COTTAGE on MORWICK ROAD.