1, CHERRY CLOSE, MORPETH, NE61 3FD - £306,093

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.

1 CHERRY CLOSE is a midsized detached house of 122m², built in 2015, which could now be worth an estimated £456,103. It was last sold for £306,093 in January 2016, which was around 22% above the average January 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was January 2016, where the current energy rating was B, and the potential energy rating was A.

1 CHERRY CLOSE Sold Prices

Land registry data shows one sale for 1 CHERRY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Northumberland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 29 JAN	£306,093	£250,188	22% above HPI

What might 1 CHERRY CLOSE be worth now?

1 CHERRY CLOSE might now be worth an estimated £456,103.

This is based on house price inflation of 49%, between January 2016 and July 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 49% inflationary increase is applied to the most recent sale price for 1 CHERRY CLOSE of £306,093 on 29th January 2016. For the value to have increased from £306,093 to £456,103 over the nine years and six months to July 2026, the following assumptions must hold true:

• The value of 1 CHERRY CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The January 2016 sale price of £306,093 represented a fair market value for the property.
• The size, condition, and specification of 1 CHERRY CLOSE has not materially changed since January 2016.

How Large is 1 CHERRY CLOSE?

1 CHERRY CLOSE is 122m² according to the EPC inspection conducted in January 2016. This puts it in the largest 50% of detached houses in Fair Moor, based on EPC data. The below chart shows the distribution of detached houses by size in Fair Moor, and where 1 CHERRY CLOSE lies on this distribution: 53% of detached houses are smaller than 1 CHERRY CLOSE, and 42% of detached houses are larger. Note that EPC data is not available for all properties in Fair Moor.

1 CHERRY CLOSE: Plot

1 CHERRY CLOSE sits on a plot of roughly 0.071 of an acre, or 286m².

Where is 1 CHERRY CLOSE?

1 CHERRY CLOSE is located in MORPETH, in the NE61 postcode district.