4, WEAVERS ROAD, MORPETH, NE61 2FA - £176,000

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 WEAVERS ROAD is a very small terraced house of 77m², built in 2016, which could now be worth an estimated £212,796. It was last sold for £176,000 in November 2021, which was around 29% above the average November 2021 terraced price in the Northumberland local authority area. The most recent EPC inspection was July 2017, where the current energy rating was B, and the potential energy rating was A.

4 WEAVERS ROAD Sold Prices

Land registry data shows two sales for 4 WEAVERS ROAD 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 WEAVERS ROAD 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
2021 25 NOV	£176,000	£136,462	29% above HPI
2017 5 DEC	£176,000	£116,977	50% above HPI

4 WEAVERS ROAD 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 WEAVERS ROAD sales from December 2017 and November 2021 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 December 2017 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the November 2021 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 4 WEAVERS ROAD be worth now?

4 WEAVERS ROAD might now be worth an estimated £212,796.

This is based on house price inflation of 20.9%, between November 2021 and April 2026, 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 20.9% inflationary increase is applied to the most recent sale price for 4 WEAVERS ROAD of £176,000 on 25th November 2021. For the value to have increased from £176,000 to £212,796 over the five years and seven months to April 2026, the following assumptions must hold true:

• The value of 4 WEAVERS ROAD has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The November 2021 sale price of £176,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WEAVERS ROAD has not materially changed since November 2021.

How Large is 4 WEAVERS ROAD?

4 WEAVERS ROAD is 77m² according to the EPC inspection conducted in July 2017. 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 WEAVERS ROAD lies on this distribution: 7% of terraced houses houses are smaller than 4 WEAVERS ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

4 WEAVERS ROAD: Plot and Title Map

4 WEAVERS ROAD sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 4 WEAVERS 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 WEAVERS 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 WEAVERS ROAD?

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