7, CORDWAINERS, MORPETH, NE61 2ZN - £108,995

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.

7 CORDWAINERS is a very small terraced house of 63m², built in 2016, which could now be worth an estimated £161,161. It was last sold for £108,995 in April 2017, which was around 5% below the average April 2017 terraced price in the Northumberland local authority area. The most recent EPC inspection was March 2017, where the current energy rating was B, and the potential energy rating was A.

7 CORDWAINERS Sold Prices

Land registry data shows one sale for 7 CORDWAINERS since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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 13 APR	£108,995	£114,189	5% below HPI

What might 7 CORDWAINERS be worth now?

7 CORDWAINERS might now be worth an estimated £161,161.

This is based on house price inflation of 47.9%, between April 2017 and May 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 47.9% inflationary increase is applied to the most recent sale price for 7 CORDWAINERS of £108,995 on 13th April 2017. For the value to have increased from £108,995 to £161,161 over the eight years and eleven months to May 2026, the following assumptions must hold true:

• The value of 7 CORDWAINERS has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The April 2017 sale price of £108,995 represented a fair market value for the property.
• The size, condition, and specification of 7 CORDWAINERS has not materially changed since April 2017.

How Large is 7 CORDWAINERS?

7 CORDWAINERS is 63m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% of terraced houses in Morpeth, based on EPC data. The below chart shows the distribution of terraced houses by size in Morpeth, and where 7 CORDWAINERS lies on this distribution: 15% of terraced houses are smaller than 7 CORDWAINERS, and 84% of terraced houses are larger. Note that EPC data is not available for all properties in Morpeth.

7 CORDWAINERS: Plot

7 CORDWAINERS sits on a plot of roughly 0.035 of an acre, or 142m².

Where is 7 CORDWAINERS?

7 CORDWAINERS is located in MORPETH, in the NE61 postcode district.