11, GORSEWAY, MORPETH, NE61 2XR - £291,878

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.

11 GORSEWAY is a very small semi-detached house of 97m², built sometime between 1950 and 1966, which could now be worth an estimated £362,044. It was last sold for £291,878 in November 2021, which was around 79% above the average November 2021 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

11 GORSEWAY Sold Prices

Land registry data shows four sales for 11 GORSEWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. All of the four 11 GORSEWAY 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 23 NOV	£291,878	£162,795	79% above HPI
2013 1 MAR	£208,000	£120,349	73% above HPI
2009 20 FEB	£217,500	£127,201	71% above HPI
2007 22 JAN	£187,950	£140,867	33% above HPI

11 GORSEWAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Northumberland local authority area over time, sourced from the HPI. The four 11 GORSEWAY sales between January 2007 and November 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 March 2013 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the November 2021 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

What might 11 GORSEWAY be worth now?

11 GORSEWAY might now be worth an estimated £362,044.

This is based on house price inflation of 24%, between November 2021 and May 2026, for semi-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 24% inflationary increase is applied to the most recent sale price for 11 GORSEWAY of £291,878 on 23rd November 2021. For the value to have increased from £291,878 to £362,044 over the five years and six months to May 2026, the following assumptions must hold true:

• The value of 11 GORSEWAY has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The November 2021 sale price of £291,878 represented a fair market value for the property.
• The size, condition, and specification of 11 GORSEWAY has not materially changed since November 2021.

How Large is 11 GORSEWAY?

11 GORSEWAY is 97m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 20% of semi-detached houses houses in Morpeth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Morpeth, and where 11 GORSEWAY lies on this distribution: 19% of semi-detached houses houses are smaller than 11 GORSEWAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

11 GORSEWAY: Plot and Title Map

11 GORSEWAY sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 11 GORSEWAY, 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 11 GORSEWAY). 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 11 GORSEWAY?

11 GORSEWAY is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 11 on GORSEWAY.