1, RASTRICK WAY, ST. GEORGES WOOD, MORPETH, NE61 2GR - £395,000

1 RASTRICK WAY is a small extended detached house of 109m², built sometime between 2007 and 2011. It was last sold for £395,000 in August 2022, which was around 25% above the average August 2022 detached price in the Northumberland local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

1 RASTRICK WAY Sold Prices

Land registry data shows two sales for 1 RASTRICK WAY 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 1 RASTRICK WAY 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
2022 31 AUG	£395,000	£316,248	25% above HPI
2020 21 AUG	£342,495	£268,221	28% above HPI

1 RASTRICK WAY 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 1 RASTRICK WAY sales from August 2020 and August 2022 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 August 2020 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the August 2022 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 1 RASTRICK WAY?

1 RASTRICK WAY is 109m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 30% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where 1 RASTRICK WAY lies on this distribution: 29% of detached houses are smaller than 1 RASTRICK WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

1 RASTRICK WAY: Plot and Title Map

1 RASTRICK WAY sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 1 RASTRICK WAY, 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 1 RASTRICK WAY). 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 1 RASTRICK WAY?

1 RASTRICK WAY is located in ST. GEORGES WOOD, in the NE61 postcode district. The below map shows the position of No. 1 on RASTRICK WAY.