18, IRIS DRIVE, BLYTH, NE24 4UB - £262,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 IRIS DRIVE is a large semi-detached house of 121m², built in 2021, which could now be worth an estimated £280,866. It was last sold for £262,500 in August 2023, which was around 44% above the average August 2023 semi-detached price in the Northumberland local authority area. The most recent EPC inspection was November 2021, where the current energy rating was B, and the potential energy rating was A.

18 IRIS DRIVE Sold Prices

Land registry data shows two sales for 18 IRIS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 18 IRIS 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
2023 25 AUG	£262,500	£182,480	44% above HPI
2021 30 NOV	£279,950	£162,795	72% above HPI

18 IRIS DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 18 IRIS DRIVE sales from November 2021 and August 2023 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 November 2021 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the August 2023 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 18 IRIS DRIVE be worth now?

18 IRIS DRIVE might now be worth an estimated £280,866.

This is based on house price inflation of 7%, between August 2023 and February 2025, for semi-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 7% inflationary increase is applied to the most recent sale price for 18 IRIS DRIVE of £262,500 on 25th August 2023. For the value to have increased from £262,500 to £280,866 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 18 IRIS DRIVE has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The August 2023 sale price of £262,500 represented a fair market value for the property.
• The size, condition, and specification of 18 IRIS DRIVE has not materially changed since August 2023.

How Large is 18 IRIS DRIVE?

18 IRIS DRIVE is 121m² according to the EPC inspection conducted in November 2021. This puts it in the largest 30% of semi-detached houses houses in Blyth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Blyth, and where 18 IRIS DRIVE lies on this distribution: 74% of semi-detached houses houses are smaller than 18 IRIS DRIVE, and 26% of houses are larger. Note that EPC data is not available for all properties in Blyth.

18 IRIS DRIVE: Plot and Title Map

18 IRIS DRIVE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 18 IRIS 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 18 IRIS 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 18 IRIS DRIVE?

18 IRIS DRIVE is located in BLYTH, in the NE24 postcode district. The below map shows the position of No. 18 on IRIS DRIVE.