12, CHATHILL CLOSE, MORPETH, NE61 2TH - £259,950

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.

12 CHATHILL CLOSE is a small detached house of 108m², built sometime between 1991 and 1995, which could now be worth an estimated £349,666. It was last sold for £259,950 in April 2018, which was around 3% below the average April 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

12 CHATHILL CLOSE Sold Prices

Land registry data shows one sale for 12 CHATHILL CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Northumberland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 26 APR	£259,950	£267,380	3% below HPI

What might 12 CHATHILL CLOSE be worth now?

12 CHATHILL CLOSE might now be worth an estimated £349,666.

This is based on house price inflation of 34.5%, between April 2018 and April 2026, for 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 34.5% inflationary increase is applied to the most recent sale price for 12 CHATHILL CLOSE of £259,950 on 26th April 2018. For the value to have increased from £259,950 to £349,666 over the eight years to April 2026, the following assumptions must hold true:

• The value of 12 CHATHILL CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The April 2018 sale price of £259,950 represented a fair market value for the property.
• The size, condition, and specification of 12 CHATHILL CLOSE has not materially changed since April 2018.

How Large is 12 CHATHILL CLOSE?

12 CHATHILL CLOSE is 108m² according to the EPC inspection conducted in September 2017. 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 12 CHATHILL CLOSE lies on this distribution: 28% of detached houses are smaller than 12 CHATHILL CLOSE, and 71% of detached houses are larger. Note that EPC data is not available for all properties in Morpeth.

12 CHATHILL CLOSE: Plot

12 CHATHILL CLOSE sits on a plot of roughly 0.075 of an acre, or 304m².

Where is 12 CHATHILL CLOSE?

12 CHATHILL CLOSE is located in MORPETH, in the NE61 postcode district.