4, THE BUTTS, WARKWORTH, MORPETH, NE65 0SS - £221,950

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 THE BUTTS is a very small extended terraced house of 72m², built sometime between 1900 and 1929, which could now be worth an estimated £310,076. It was last sold for £221,950 in May 2016, which was around 97% above the average May 2016 terraced price in the Northumberland local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.

4 THE BUTTS Sold Prices

Land registry data shows two sales for 4 THE BUTTS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Northumberland local authority area for the corresponding sale date. Both of the two 4 THE BUTTS 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
2016 24 MAY	£221,950	£112,390	97% above HPI
2006 17 NOV	£145,000	£118,548	22% above HPI

4 THE BUTTS 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 two 4 THE BUTTS sales from November 2006 and May 2016 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 November 2006 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the May 2016 sale, where it rises to 97% above the HPI. The line then continues to track at 97% above the HPI.

What might 4 THE BUTTS be worth now?

4 THE BUTTS might now be worth an estimated £310,076.

This is based on house price inflation of 39.7%, between May 2016 and June 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 39.7% inflationary increase is applied to the most recent sale price for 4 THE BUTTS of £221,950 on 24th May 2016. For the value to have increased from £221,950 to £310,076 over the eight years and eleven months to June 2025, the following assumptions must hold true:

• The value of 4 THE BUTTS has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The May 2016 sale price of £221,950 represented a fair market value for the property.
• The size, condition, and specification of 4 THE BUTTS has not materially changed since May 2016.

How Large is 4 THE BUTTS?

4 THE BUTTS is 72m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of terraced houses houses in Warkworth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Warkworth, and where 4 THE BUTTS lies on this distribution: 2% of terraced houses houses are smaller than 4 THE BUTTS, and 98% of houses are larger. Note that EPC data is not available for all properties in Warkworth.

4 THE BUTTS: Plot and Title Map

4 THE BUTTS sits on a plot of roughly 0.027 of an acre, or 108m². The below map shows the location of 4 THE BUTTS, 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 THE BUTTS). 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 THE BUTTS?

4 THE BUTTS is located in WARKWORTH, in the NE65 postcode district. The below map shows the position of No. 4 on THE BUTTS.