1, NILE DRIVE, SWARLAND, MORPETH, NE65 9PQ - £323,000

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.

1 NILE DRIVE is a small detached house of 132m², built sometime between 1996 and 2002, which could now be worth an estimated £470,897. It was last sold for £323,000 in September 2009, which was around 31% above the average September 2009 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was D.

1 NILE DRIVE Sold Prices

Land registry data shows two sales for 1 NILE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 1 NILE DRIVE sales were for above 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
2009 10 SEP	£323,000	£246,788	31% above HPI
2006 3 AUG	£300,000	£249,958	20% above HPI

1 NILE DRIVE 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 two 1 NILE DRIVE sales from August 2006 and September 2009 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 August 2006 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the September 2009 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 1 NILE DRIVE be worth now?

1 NILE DRIVE might now be worth an estimated £470,897.

This is based on house price inflation of 45.8%, between September 2009 and February 2025, 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 45.8% inflationary increase is applied to the most recent sale price for 1 NILE DRIVE of £323,000 on 10th September 2009. For the value to have increased from £323,000 to £470,897 over the sixteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 NILE DRIVE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The September 2009 sale price of £323,000 represented a fair market value for the property.
• The size, condition, and specification of 1 NILE DRIVE has not materially changed since September 2009.

How Large is 1 NILE DRIVE?

1 NILE DRIVE is 132m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 30% of detached houses houses in Swarland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swarland, and where 1 NILE DRIVE lies on this distribution: 24% of detached houses houses are smaller than 1 NILE DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Swarland.

1 NILE DRIVE: Plot and Title Map

1 NILE DRIVE sits on a plot of roughly 0.254 of an acre, or 1,027m². The below map shows the location of 1 NILE DRIVE, 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 1 NILE DRIVE). 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 1 NILE DRIVE?

1 NILE DRIVE is located in SWARLAND, in the NE65 postcode district. The below map shows the position of No. 1 on NILE DRIVE.