4, ABBEY VIEW YARD, MORPETH, NE61 1DQ - £79,000

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.

4 ABBEY VIEW YARD is a very small terraced house of 64m², built sometime before 1900, which could now be worth an estimated £110,595. It was last sold for £79,000 in November 2018, which was around 33% below the average November 2018 terraced price in the Northumberland local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

4 ABBEY VIEW YARD Sold Prices

Land registry data shows five sales for 4 ABBEY VIEW YARD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Northumberland local authority area for the corresponding sale date. Most of the five 4 ABBEY VIEW YARD 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
2018 9 NOV	£79,000	£117,406	33% below HPI
2017 5 OCT	£115,000	£118,364	3% below HPI
2015 22 MAY	£109,500	£108,521	1% above HPI
2002 24 OCT	£76,500	£56,661	35% above HPI
2000 15 JUN	£56,500	£41,561	36% above HPI

4 ABBEY VIEW YARD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Northumberland local authority area over time, sourced from the HPI. The five 4 ABBEY VIEW YARD sales between June 2000 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 2017 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2018 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 4 ABBEY VIEW YARD be worth now?

4 ABBEY VIEW YARD might now be worth an estimated £110,595.

This is based on house price inflation of 40%, between November 2018 and July 2025, for terraced 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 40% inflationary increase is applied to the most recent sale price for 4 ABBEY VIEW YARD of £79,000 on 9th November 2018. For the value to have increased from £79,000 to £110,595 over the seven years and four months to July 2025, the following assumptions must hold true:

• The value of 4 ABBEY VIEW YARD has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The November 2018 sale price of £79,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ABBEY VIEW YARD has not materially changed since November 2018.

How Large is 4 ABBEY VIEW YARD?

4 ABBEY VIEW YARD is 64m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% of terraced houses houses in Morpeth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Morpeth, and where 4 ABBEY VIEW YARD lies on this distribution: 3% of terraced houses houses are smaller than 4 ABBEY VIEW YARD, and 97% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

4 ABBEY VIEW YARD: Plot and Title Map

4 ABBEY VIEW YARD sits on a plot of roughly 0.010 of an acre, or 39m². The below map shows the location of 4 ABBEY VIEW YARD, 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 4 ABBEY VIEW YARD). 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 4 ABBEY VIEW YARD?

4 ABBEY VIEW YARD is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 4 on ABBEY VIEW YARD.