# Residential development for sale (NE61 5BB)

## Property Details

| Key | Value |
|-----|-------|
| Address | 1 WEST CHEVINGTON FARM COTTAGES, MORPETH, WEST CHEVINGTON, NORTHUMBERLAND NE61 5BB |
| Price | £200,000 |
| Construction age | England and Wales: 1900-1929 |
| Floor area | 141 m² |
| Last sold | £246,000 Apr 2021 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Current heating cost:** £976/year
- **Est. upgrade cost to C:** £14,530

### Recommendations
- W2 (£4,000 - £6,000)
- E (£30)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/4630-6023-2000-0616-0206)

## Description

Lot 1- The Farmhouse. An outstanding residential development opportunity in a rural location close to Morpeth and the rugged Northumberland Coastline

An interesting Grade II listed house dating from 17th Century with 18th Century additions and alterations built in brick with a slate roof on a good site extending to 1.93 acres. The house requires significant refurbishment.

Google map - 55.269289 x -1.640834

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## Property Photos

- ![Photo](/listings/photos/29473467/639261)
- ![Photo](/listings/photos/29473467/639262)
- ![Photo](/listings/photos/29473467/639263)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 1 WEST CHEVINGTON FARM COTTAGES, WEST CHEVINGTON, MORPETH, NORTHUMBERLAND, NE61 5BB | £246,000 | 29/04/2021 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 24 TWEED AVENUE, ELLINGTON, MORPETH, NORTHUMBERLAND, NE61 5ES | £6,950 | 22/05/2025 | Other |
| 16 BEECH DRIVE, ELLINGTON, MORPETH, NORTHUMBERLAND, NE61 5EU | £6,950 | 07/03/2025 | Other |
| 5 BEECH DRIVE, ELLINGTON, MORPETH, NORTHUMBERLAND, NE61 5EU | £6,950 | 05/02/2025 | Other |
| 22 ALN COURT, ELLINGTON, MORPETH, NORTHUMBERLAND, NE61 5LR | £6,950 | 22/01/2025 | Other |
| CRESSWELL TOWERS HOLIDAY PARK, CRESSWELL, MORPETH, NORTHUMBERLAND, NE61 5JT | £5,808,118 | 27/07/2023 | Other |
| MEADOW VIEW MAIN STREET, RED ROW, MORPETH, NORTHUMBERLAND, NE61 5AE | £120,000 | 30/06/2023 | Other |
| PANHAGGERTY, CRESSWELL, MORPETH, NORTHUMBERLAND, NE61 5LE | £1,155,000 | 25/04/2023 | Other |
| 2 FENHAM ROAD, LYNEMOUTH, MORPETH, NORTHUMBERLAND, NE61 5XD | £48,000 | 23/03/2023 | Other |
| LYNEMOUTH SERVICE STATION ALBION TERRACE, LYNEMOUTH, MORPETH, NORTHUMBERLAND, NE61 5SX | £90,000 | 21/03/2023 | Other |
| NORTH LODGE CRESSWELL ROAD, CRESSWELL, MORPETH, NORTHUMBERLAND, NE61 5HX | £330,000 | 21/02/2023 | Other |
| 4 BUS ROW, WIDDRINGTON, MORPETH, NORTHUMBERLAND, NE61 5DT | £20,250,000 | 30/09/2022 | Other |
| 12 WANSBECK CLOSE, ELLINGTON, MORPETH, NORTHUMBERLAND, NE61 5LL | £5,650 | 05/08/2022 | Other |
| SMALLYS BAR MAIN STREET, RED ROW, MORPETH, NORTHUMBERLAND, NE61 5AQ | £125,000 | 20/06/2022 | Other |
| 27 LINDEN WAY, ELLINGTON, MORPETH, NORTHUMBERLAND, NE61 5EY | £115,000 | 22/03/2022 | Other |
| 26 WILLOW WAY, SAXON VALE, MORPETH, NORTHUMBERLAND, NE61 5BQ | £128,950 | 25/02/2022 | Other |
| 4 WEST MARKET STREET, LYNEMOUTH, MORPETH, NORTHUMBERLAND, NE61 5TS | £103,000 | 22/02/2022 | Other |
| 1 HIGHTHORN FARM COTTAGES, ELLINGTON, MORPETH, NORTHUMBERLAND, NE61 5JP | £435,000 | 23/12/2021 | Other |
| LINTON DISPOSAL POINT, LINTON COLLIERY, MORPETH, NORTHUMBERLAND, NE61 5SG | £107,304 | 21/12/2021 | Other |
| 11 ORCHARD VIEW, LINTON COLLIERY, MORPETH, NORTHUMBERLAND, NE61 5SP | £133,000 | 17/12/2021 | Other |
| 42 WILLOW WAY, SAXON VALE, MORPETH, NORTHUMBERLAND, NE61 5BQ | £4,471,181 | 17/12/2021 | Other |

**Area average:** £1,672,650 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £185,560 (5 Other, NE61, 2024–2026)
- **Deviation:** +7.8%

## Rental Range

*ONS Price Index of Private Rents (Northumberland). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £604/mo
- **Realistic:** £671/mo
- **Optimistic:** £738/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Northumberland (Apr 2025 – Mar 2026).*

## 1% Rule

- **Rent ratio:** 0.34% (weak for cashflow)
- **Max investor price (0.8%):** £83,875
- **Target investor price (1%):** £67,100

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.*

## Price per Square Metre

- **£/m²:** £1,418/m²

## House Price Index (HM Land Registry)

*Official index for Northumberland; All dwelling types series; as of March 2026.*

- **1y growth (index):** 1.5%
- **5y growth (index):** 21.8%
- **10y growth (index):** 42.9%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)