16, NORHAM DRIVE, MORPETH, NE61 2XA - £340,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 NORHAM DRIVE is a midsized detached house of 137m², built sometime between 1996 and 2002. It was last sold for £340,000 in April 2019, which was around 36% above the average April 2019 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

16 NORHAM DRIVE Sold Prices

Land registry data shows two sales for 16 NORHAM 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 16 NORHAM 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
2019 26 APR	£340,000	£250,076	36% above HPI
2002 17 MAY	£193,000	£121,392	59% above HPI

16 NORHAM 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 16 NORHAM DRIVE sales from May 2002 and April 2019 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 May 2002 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the April 2019 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 16 NORHAM DRIVE?

16 NORHAM DRIVE is 137m² according to the EPC inspection conducted in February 2018. This puts it in the largest 50% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where 16 NORHAM DRIVE lies on this distribution: 55% of detached houses are smaller than 16 NORHAM DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

16 NORHAM DRIVE: Plot and Title Map

16 NORHAM DRIVE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 16 NORHAM 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 16 NORHAM 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 16 NORHAM DRIVE?

16 NORHAM DRIVE is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 16 on NORHAM DRIVE.