2, KNIGHTS ROAD, WARKWORTH, MORPETH, NE65 0FA - £410,000

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 KNIGHTS ROAD is a small detached house of 129m², which could now be worth an estimated £476,022. It was last sold for £410,000 in August 2021, which was around 37% above the average August 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2018, where the current energy rating was B, and the potential energy rating was A.

2 KNIGHTS ROAD Sold Prices

Land registry data shows two sales for 2 KNIGHTS ROAD 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 KNIGHTS ROAD 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 31 AUG	£410,000	£299,995	37% above HPI
2018 9 FEB	£344,700	£266,036	30% above HPI

2 KNIGHTS ROAD 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 KNIGHTS ROAD sales from February 2018 and August 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 February 2018 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the August 2021 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 2 KNIGHTS ROAD be worth now?

2 KNIGHTS ROAD might now be worth an estimated £476,022.

This is based on house price inflation of 16.1%, between August 2021 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 16.1% inflationary increase is applied to the most recent sale price for 2 KNIGHTS ROAD of £410,000 on 31st August 2021. For the value to have increased from £410,000 to £476,022 over the four years and two months to June 2025, the following assumptions must hold true:

• The value of 2 KNIGHTS ROAD has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The August 2021 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 2 KNIGHTS ROAD has not materially changed since August 2021.

How Large is 2 KNIGHTS ROAD?

2 KNIGHTS ROAD is 129m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 40% 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 KNIGHTS ROAD lies on this distribution: 38% of detached houses houses are smaller than 2 KNIGHTS ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Warkworth.

2 KNIGHTS ROAD: Plot and Title Map

2 KNIGHTS ROAD sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 2 KNIGHTS ROAD, 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 KNIGHTS ROAD). 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 KNIGHTS ROAD?

2 KNIGHTS ROAD is located in WARKWORTH, in the NE65 postcode district. The below map shows the position of No. 2 on KNIGHTS ROAD.