2, ORCHID CRESCENT, MORPETH, NE61 3FA - £324,995

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.

2 ORCHID CRESCENT is a midsized detached house of 122m², built in 2015, which could now be worth an estimated £464,655. It was last sold for £324,995 in January 2017, which was around 26% above the average January 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2016, where the current energy rating was B, and the potential energy rating was A.

2 ORCHID CRESCENT Sold Prices

Land registry data shows one sale for 2 ORCHID CRESCENT 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
2017 27 JAN	£324,995	£257,019	26% above HPI

What might 2 ORCHID CRESCENT be worth now?

2 ORCHID CRESCENT might now be worth an estimated £464,655.

This is based on house price inflation of 43%, between January 2017 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 43% inflationary increase is applied to the most recent sale price for 2 ORCHID CRESCENT of £324,995 on 27th January 2017. For the value to have increased from £324,995 to £464,655 over the eight years and eight months to May 2026, the following assumptions must hold true:

• The value of 2 ORCHID CRESCENT has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The January 2017 sale price of £324,995 represented a fair market value for the property.
• The size, condition, and specification of 2 ORCHID CRESCENT has not materially changed since January 2017.

How Large is 2 ORCHID CRESCENT?

2 ORCHID CRESCENT is 122m² according to the EPC inspection conducted in November 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 2 ORCHID CRESCENT lies on this distribution: 53% of detached houses are smaller than 2 ORCHID CRESCENT, and 42% of detached houses are larger. Note that EPC data is not available for all properties in Fair Moor.

2 ORCHID CRESCENT: Plot

2 ORCHID CRESCENT sits on a plot of roughly 0.071 of an acre, or 289m².

Where is 2 ORCHID CRESCENT?

2 ORCHID CRESCENT is located in MORPETH, in the NE61 postcode district.