WEST NEUK, THROPTON, MORPETH, NE65 7LT - £310,000

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

WEST NEUK is a midsized extended detached house of 145m², built sometime between 1983 and 1990. It was last sold for £310,000 in December 2016, which was around 24% above the average December 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

WEST NEUK Sold Prices

Land registry data shows two sales for WEST NEUK 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. One of the two WEST NEUK sales was for above the average price, whilst the other 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
2016 16 DEC	£310,000	£250,607	24% above HPI
2008 27 MAR	£195,000	£258,280	25% below HPI

WEST NEUK 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 WEST NEUK sales from March 2008 and December 2016 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 March 2008 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2016 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is WEST NEUK?

WEST NEUK is 145m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the smallest 50% of detached houses in Thropton, based on EPC data. The below chart shows the distribution of detached houses by size in Thropton, and where WEST NEUK lies on this distribution: 44% of detached houses are smaller than WEST NEUK, and 56% of houses are larger. Note that EPC data is not available for all properties in Thropton.

WEST NEUK: Plot and Title Map

WEST NEUK sits on a plot of roughly 0.179 of an acre, or 725m². The below map shows the location of WEST NEUK, 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 WEST NEUK). 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 WEST NEUK?

WEST NEUK is located in THROPTON, in the NE65 postcode district. The below map shows the position of WEST NEUK in THROPTON.