2, STUDLEY DRIVE, SWARLAND, MORPETH, NE65 9JT - £260,000

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

2 STUDLEY DRIVE is a very small detached house of 76m², built sometime between 1930 and 1949, which could now be worth an estimated £351,238. It was last sold for £260,000 in September 2017, which was around 2% below the average September 2017 detached price in the Northumberland local authority area. The most recent EPC inspection was November 2016, where the current energy rating was G, and the potential energy rating was B.

2 STUDLEY DRIVE Sold Prices

Land registry data shows two sales for 2 STUDLEY 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 2 STUDLEY DRIVE 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
2017 29 SEP	£260,000	£266,330	2% below HPI
2012 26 OCT	£240,000	£243,611	1% below HPI

2 STUDLEY 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 2 STUDLEY DRIVE sales from October 2012 and September 2017 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 October 2012 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2017 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 2 STUDLEY DRIVE be worth now?

2 STUDLEY DRIVE might now be worth an estimated £351,238.

This is based on house price inflation of 35.1%, between September 2017 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 35.1% inflationary increase is applied to the most recent sale price for 2 STUDLEY DRIVE of £260,000 on 29th September 2017. For the value to have increased from £260,000 to £351,238 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 STUDLEY DRIVE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The September 2017 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 2 STUDLEY DRIVE has not materially changed since September 2017.

How Large is 2 STUDLEY DRIVE?

2 STUDLEY DRIVE is 76m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% 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 2 STUDLEY DRIVE lies on this distribution: 3% of detached houses houses are smaller than 2 STUDLEY DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Swarland.

2 STUDLEY DRIVE: Plot and Title Map

2 STUDLEY DRIVE sits on a plot of roughly 0.207 of an acre, or 838m². The below map shows the location of 2 STUDLEY 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 2 STUDLEY 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 2 STUDLEY DRIVE?

2 STUDLEY DRIVE is located in SWARLAND, in the NE65 postcode district. The below map shows the position of No. 2 on STUDLEY DRIVE.