12, CHERRY CLOSE, MORPETH, NE61 3FD - £310,495

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.

12 CHERRY CLOSE is a midsized detached house of 122m², built in 2015, which could now be worth an estimated £460,468. It was last sold for £310,495 in March 2016, which was around 24% above the average March 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was B, and the potential energy rating was A.

12 CHERRY CLOSE Sold Prices

Land registry data shows one sale for 12 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 18 MAR	£310,495	£251,380	24% above HPI

What might 12 CHERRY CLOSE be worth now?

12 CHERRY CLOSE might now be worth an estimated £460,468.

This is based on house price inflation of 48.3%, between March 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 48.3% inflationary increase is applied to the most recent sale price for 12 CHERRY CLOSE of £310,495 on 18th March 2016. For the value to have increased from £310,495 to £460,468 over the nine years and eight months to July 2026, the following assumptions must hold true:

• The value of 12 CHERRY CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The March 2016 sale price of £310,495 represented a fair market value for the property.
• The size, condition, and specification of 12 CHERRY CLOSE has not materially changed since March 2016.

How Large is 12 CHERRY CLOSE?

12 CHERRY CLOSE is 122m² according to the EPC inspection conducted in March 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 12 CHERRY CLOSE lies on this distribution: 53% of detached houses are smaller than 12 CHERRY CLOSE, and 42% of detached houses are larger. Note that EPC data is not available for all properties in Fair Moor.

12 CHERRY CLOSE: Plot

12 CHERRY CLOSE sits on a plot of roughly 0.061 of an acre, or 247m².

Where is 12 CHERRY CLOSE?

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