2, WEST LEA, THROPTON, MORPETH, NE65 7LA - £230,000

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 WEST LEA is a detached house, which could now be worth an estimated £310,940. It was last sold for £230,000 in May 2008, which was around 15% below the average May 2008 detached price in the Northumberland local authority area.

2 WEST LEA Sold Prices

Land registry data shows one sale for 2 WEST LEA 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
2008 9 MAY	£230,000	£271,813	15% below HPI

What might 2 WEST LEA be worth now?

2 WEST LEA might now be worth an estimated £310,940.

This is based on house price inflation of 35.2%, between May 2008 and May 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 35.2% inflationary increase is applied to the most recent sale price for 2 WEST LEA of £230,000 on 9th May 2008. For the value to have increased from £230,000 to £310,940 over the eighteen years to May 2026, the following assumptions must hold true:

• The value of 2 WEST LEA has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The May 2008 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WEST LEA has not materially changed since May 2008.

Where is 2 WEST LEA?

2 WEST LEA is located in THROPTON, in the NE65 postcode district.