4, HOWARD ROAD, MORPETH, NE61 1JD - £365,000

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 HOWARD ROAD is a very small extended detached house of 77m², built sometime between 1900 and 1929, which could now be worth an estimated £500,068. It was last sold for £365,000 in March 2020, which was around 36% above the average March 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

4 HOWARD ROAD Sold Prices

Land registry data shows two sales for 4 HOWARD 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. One of the two 4 HOWARD ROAD sales was for above the average price, whilst the other was 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
2020 31 MAR	£365,000	£268,215	36% above HPI
2008 30 SEP	£220,000	£255,919	14% below HPI

4 HOWARD 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 4 HOWARD ROAD sales from September 2008 and March 2020 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 September 2008 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2020 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 4 HOWARD ROAD be worth now?

4 HOWARD ROAD might now be worth an estimated £500,068.

This is based on house price inflation of 37%, between March 2020 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 37% inflationary increase is applied to the most recent sale price for 4 HOWARD ROAD of £365,000 on 31st March 2020. For the value to have increased from £365,000 to £500,068 over the five years and ten months to May 2026, the following assumptions must hold true:

• The value of 4 HOWARD ROAD has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The March 2020 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HOWARD ROAD has not materially changed since March 2020.

How Large is 4 HOWARD ROAD?

4 HOWARD ROAD is 77m², which includes two extensions, according to the EPC inspection conducted in June 2010. This puts it in the smallest 10% of detached houses houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morpeth, and where 4 HOWARD ROAD lies on this distribution: 6% of detached houses houses are smaller than 4 HOWARD ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

4 HOWARD ROAD: Plot and Title Map

4 HOWARD ROAD sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 4 HOWARD 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 4 HOWARD 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 4 HOWARD ROAD?

4 HOWARD ROAD is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 4 on HOWARD ROAD.