WOODLEAS, CRESSWELL ROAD, CRESSWELL, MORPETH, NE61 5HT - £420,000

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

WOODLEAS is a large detached house of 127m², built sometime between 1991 and 1995. It was last sold for £420,000 in May 2021, which was around 48% above the average May 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

WOODLEAS Sold Prices

Land registry data shows four sales for WOODLEAS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four WOODLEAS 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
2021 28 MAY	£420,000	£283,349	48% above HPI
2017 16 NOV	£360,000	£252,671	42% above HPI
2014 26 JUN	£365,000	£231,752	57% above HPI
1995 1 SEP	£105,000	£79,968	31% above HPI

WOODLEAS 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 four WOODLEAS sales between September 1995 and May 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 November 2017 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the May 2021 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is WOODLEAS?

WOODLEAS is 127m² according to the EPC inspection conducted in January 2014. This puts it in the largest 30% of detached houses in Ellington, based on EPC data. The below chart shows the distribution of detached houses by size in Ellington, and where WOODLEAS lies on this distribution: 70% of detached houses are smaller than WOODLEAS, and 30% of houses are larger. Note that EPC data is not available for all properties in Ellington.

WOODLEAS: Plot and Title Map

WOODLEAS sits on a plot of roughly 0.510 of an acre, or 2,062m². The below map shows the location of WOODLEAS, 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 WOODLEAS). 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 WOODLEAS?

WOODLEAS is located on CRESSWELL ROAD in CRESSWELL, in the NE61 postcode district. The below map shows the position of WOODLEAS on CRESSWELL ROAD.