2, GREENSFIELD CLOSE, MORPETH, NE65 0XG - £400,000

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.

2 GREENSFIELD CLOSE is a midsized detached house of 141m², built sometime between 2003 and 2006, which could now be worth an estimated £427,837. It was last sold for £400,000 in March 2023, which was around 23% above the average March 2023 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

2 GREENSFIELD CLOSE Sold Prices

Land registry data shows two sales for 2 GREENSFIELD CLOSE 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 2 GREENSFIELD CLOSE 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
2023 30 MAR	£400,000	£325,641	23% above HPI
2001 29 JUN	£153,500	£113,629	35% above HPI

2 GREENSFIELD CLOSE 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 2 GREENSFIELD CLOSE sales from June 2001 and March 2023 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 June 2001 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the March 2023 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 2 GREENSFIELD CLOSE be worth now?

2 GREENSFIELD CLOSE might now be worth an estimated £427,837.

This is based on house price inflation of 7%, between March 2023 and June 2025, 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 7% inflationary increase is applied to the most recent sale price for 2 GREENSFIELD CLOSE of £400,000 on 30th March 2023. For the value to have increased from £400,000 to £427,837 over the one year and nine months to June 2025, the following assumptions must hold true:

• The value of 2 GREENSFIELD CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The March 2023 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GREENSFIELD CLOSE has not materially changed since March 2023.

How Large is 2 GREENSFIELD CLOSE?

2 GREENSFIELD CLOSE is 141m² according to the EPC inspection conducted in June 2022. This puts it in the largest 50% of detached houses houses in Warkworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warkworth, and where 2 GREENSFIELD CLOSE lies on this distribution: 50% of detached houses houses are smaller than 2 GREENSFIELD CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Warkworth.

2 GREENSFIELD CLOSE: Plot and Title Map

2 GREENSFIELD CLOSE sits on a plot of roughly 0.149 of an acre, or 601m². The below map shows the location of 2 GREENSFIELD CLOSE, 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 2 GREENSFIELD CLOSE). 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 2 GREENSFIELD CLOSE?

2 GREENSFIELD CLOSE is located in MORPETH, in the NE65 postcode district. The below map shows the position of No. 2 on GREENSFIELD CLOSE.