3, WATERSHAUGH CLOSE, WARKWORTH, MORPETH, NE65 0XH - £360,000

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.

3 WATERSHAUGH CLOSE is a very small detached house of 73m², built sometime between 1983 and 1990, which could now be worth an estimated £471,173. It was last sold for £360,000 in November 2018, which was around 35% above the average November 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

3 WATERSHAUGH CLOSE Sold Prices

Land registry data shows three sales for 3 WATERSHAUGH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. One of the three 3 WATERSHAUGH CLOSE sales was for above the average price, whilst two were for below 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
2018 30 NOV	£360,000	£266,121	35% above HPI
2014 31 OCT	£235,000	£246,352	5% below HPI
1998 2 DEC	£95,100	£96,436	1% below HPI

3 WATERSHAUGH 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 three 3 WATERSHAUGH CLOSE sales between December 1998 and November 2018 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 October 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2018 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 3 WATERSHAUGH CLOSE be worth now?

3 WATERSHAUGH CLOSE might now be worth an estimated £471,173.

This is based on house price inflation of 30.9%, between November 2018 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 30.9% inflationary increase is applied to the most recent sale price for 3 WATERSHAUGH CLOSE of £360,000 on 30th November 2018. For the value to have increased from £360,000 to £471,173 over the seven years and five months to June 2025, the following assumptions must hold true:

• The value of 3 WATERSHAUGH CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The November 2018 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WATERSHAUGH CLOSE has not materially changed since November 2018.

How Large is 3 WATERSHAUGH CLOSE?

3 WATERSHAUGH CLOSE is 73m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% 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 3 WATERSHAUGH CLOSE lies on this distribution: 3% of detached houses houses are smaller than 3 WATERSHAUGH CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Warkworth.

3 WATERSHAUGH CLOSE: Plot and Title Map

3 WATERSHAUGH CLOSE sits on a plot of roughly 0.159 of an acre, or 642m². The below map shows the location of 3 WATERSHAUGH 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 3 WATERSHAUGH 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 3 WATERSHAUGH CLOSE?

3 WATERSHAUGH CLOSE is located in WARKWORTH, in the NE65 postcode district. The below map shows the position of No. 3 on WATERSHAUGH CLOSE.