TWIN TREES, CROFT ROAD, ROTHBURY, MORPETH, NE65 7QU - £152,000

TWIN TREES is a small detached house of 110m², built sometime between 1983 and 1990. It was last sold for £152,000 in April 2014, which was around 34% below the average April 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

TWIN TREES Sold Prices

Land registry data shows four sales for TWIN TREES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four TWIN TREES sales were for below 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
2014 1 APR	£152,000	£230,749	34% below HPI
2009 9 APR	£165,000	£220,057	25% below HPI
2009 30 MAR	£180,000	£224,503	20% below HPI
1997 2 MAY	£62,000	£86,637	28% below HPI

TWIN TREES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The four TWIN TREES sales between May 1997 and April 2014 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 April 2009 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2014 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is TWIN TREES?

TWIN TREES is 110m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 30% of detached houses in Rothbury, based on EPC data. The below chart shows the distribution of detached houses by size in Rothbury, and where TWIN TREES lies on this distribution: 20% of detached houses are smaller than TWIN TREES, and 80% of houses are larger. Note that EPC data is not available for all properties in Rothbury.

TWIN TREES: Plot and Title Map

TWIN TREES sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of TWIN TREES, 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 TWIN TREES). 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 TWIN TREES?

TWIN TREES is located on CROFT ROAD in ROTHBURY, in the NE65 postcode district. The below map shows the position of TWIN TREES on CROFT ROAD.